Tesla Sales Decline 14% In Q2, Falling For The 2nd Consecutive Quarter, But TSLA Stock Surges

EV giant Tesla Inc. (TSLA) reported deliveries of 384,122 units in the second quarter, marking a year-on-year decline of 13.5%.

This marks the second quarter where Tesla has reported a drop in deliveries. Wall Street analysts were expecting Tesla to report deliveries of around 387,000, according to FactSet, representing a 13% decrease year-on-year.

The company had delivered 443,956 vehicles in the second quarter of 2024.

However, Tesla shares were trading 3% higher in morning trade at the time of writing, possibly because some analysts were expecting worse delivery numbers. On Stocktwits, retail sentiment around the stock continues to trend in the ‘bearish’ territory.

Tesla does not break down its sales numbers by geography but said that it sold 373,728 Model 3 and Y vehicles and merely 10,394 units of its more premium offerings, including the stainless steel Cybertruck, the Model S sedan, and the Model X SUV.

The company produced 410,244 vehicles in the months through the end of June 2025 and deployed 9.6 GWh of energy storage products, marking a growth of 2% YoY, but a drop from the 10.4 GWh deployed in Q1.

In the first quarter, Tesla reported deliveries of 336,681 units, marking a dip of nearly 13% from the corresponding quarter of 2024 and the company’s worst quarterly performance in at least two years.

Tesla CEO Elon Musk is currently attempting to shift the company image away from merely an EV maker with investments in autonomous vehicles, artificial intelligence, and robotics. Late last month, the company pilot launched its robotaxi service within a geofenced area in Austin. While the launch was small, Musk expects to add more vehicles and cities to the service in the future.

TSLA stock is down by about 24% this year but up by about 33% over the past 12 months.

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