Tesla shares rise despite a 16% drop in Q4 deliveries
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Tesla delivered more than 418,000 vehicles in the fourth quarter of 2025, down 16% from the same period a year ago. Despite the fall, Tesla shares moved slightly higher in early trading on Friday.
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Tesla shares rose nearly 1 percent early Friday after the automaker released fourth-quarter 2025 production and delivery results that were lower than a year ago.
The company reported 418,227 deliveries and 434,358 vehicles produced in the quarter, down 16% year-on-year, with production down 5.5%. For the full year, shipments totaled 1.6 million, down 8.6 percent from 2024.
Tesla reported 14.2 GWh of energy storage deployments in the quarter, following a record 12.5 GWh in the third quarter.
Deliveries provide insight into Tesla customer demand and revenue trends. Quarterly fluctuations can be driven by soft demand, logistical challenges, timing factors or quarter-end push strategies.
A lower delivery could indicate margin pressure or reduced revenue growth. Tesla is scheduled to report its Q4 2025 results after the market closes on January 28.
