Tesla Deliveries Plummet 13%, Stock Price Unexpectedly Rises Amidst Fraud Allegations
Tesla’s first-quarter 2025 vehicle deliveries totaled 336,681, a 13% decrease year-over-year and falling short of analyst expectations. Production reached 362,615 vehicles, with Model 3 and Model Y accounting for the majority of production and deliveries. This decline coincided with planned factory upgrades and increasing competition, particularly in Europe and China, where market share significantly decreased. The shortfall in deliveries contributed to a 36% drop in Tesla’s stock price during the quarter.