Tesla is recording another decline in price after publishing its report on deliveries in Q1 2026. The company’s shares are down more than 3%. This extends an increasingly deep downtrend, since its peak in late 2025, Tesla has already lost over 25% of its market value.
- The company delivered 358,023 vehicles in the first quarter of 2026, coming in below market expectations and marking the second consecutive quarter in which the electric-car maker failed to meet forecasts.
- During the period, the company produced 408,386 vehicles, including 394,611 units of the Model 3 and Model Y and 13,775 vehicles from other model lines.
- The delivery mix consisted of 341,893 Model 3 and Model Y vehicles and 16,130 vehicles from other models, including the Model S, Model X, and Cybertruck.
- Overall deliveries rose 6.3% year over year; however, this was driven by the fact that Tesla temporarily halted Model Y production at several plants.
- Analysts had forecast average deliveries of around 370,000 vehicles. It is worth noting that this figure was additionally revised downward in the weeks leading up to the report’s release.
- Tesla also deployed 8.8 GWh of energy-storage products during the quarter.
Tesla is set to publish its full first-quarter financial results after the market closes on April 22. Many analysts still maintain a degree of optimism toward the stock, pointing to the approaching “robo-taxi” breakthrough. Recently, a bullish thesis for Tesla may also be a bet on rising demand for EVs amid a creeping fuel crisis.
Anthropic leak and a cybersecurity sell-off
Unity up 10% 🚨 A revolution at the company?
Rivian - Partnership with Uber and the R2. Is it a "Tesla killer"?
US Open: Iran rejects Trump’s peace plan as S&P 500 remains resilient
The content of this report has been created by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, (KRS number 0000217580) and supervised by Polish Supervision Authority ( No. DDM-M-4021-57-1/2005). This material is a marketing communication within the meaning of Art. 24 (3) of Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (MiFID II). Marketing communication is not an investment recommendation or information recommending or suggesting an investment strategy within the meaning of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC and Commission Delegated Regulation (EU) 2016/958 of 9 March 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the technical arrangements for objective presentation of investment recommendations or other information recommending or suggesting an investment strategy and for disclosure of particular interests or indications of conflicts of interest or any other advice, including in the area of investment advisory, within the meaning of the Trading in Financial Instruments Act of 29 July 2005 (i.e. Journal of Laws 2019, item 875, as amended). The marketing communication is prepared with the highest diligence, objectivity, presents the facts known to the author on the date of preparation and is devoid of any evaluation elements. The marketing communication is prepared without considering the client’s needs, his individual financial situation and does not present any investment strategy in any way. The marketing communication does not constitute an offer of sale, offering, subscription, invitation to purchase, advertisement or promotion of any financial instruments. XTB S.A. is not liable for any client’s actions or omissions, in particular for the acquisition or disposal of financial instruments, undertaken on the basis of the information contained in this marketing communication. In the event that the marketing communication contains any information about any results regarding the financial instruments indicated therein, these do not constitute any guarantee or forecast regarding the future results.
