Tesla Q4 2025 Vehicle Deliveries Decline Despite Record Energy Storage

On January 2, Tesla Q4 2025 vehicle deliveries were disclosed, showing mixed performance across automotive and energy segments. The company reported lower vehicle production and deliveries compared with the previous year, while global energy storage deployments reached an all-time high, underscoring diverging momentum across its business lines.
During the fourth quarter of 2025, Tesla produced 434,358 vehicles worldwide, reflecting a 5.5 percent year-on-year decline. Vehicle deliveries stood at 418,227 units, down 15.6 percent compared with the same quarter in 2024. The company highlighted the expiration of U.S. electric vehicle tax credits after September 30, along with market-specific challenges in several regions, as key factors influencing sales performance.
Tesla Q4 2025 Vehicle Deliveries by Model Mix
The production and delivery mix in the quarter remained heavily weighted toward high-volume models, with limited contribution from premium and specialty vehicles.

• Q4 2025 vehicle production

• Model 3 and Model Y: 422,652 units

• Other models: 11,706 units

• Q4 2025 vehicle deliveries

• Model 3 and Model Y: 406,585 units

• Other models: 11,642 units

This distribution highlights Tesla’s continued dependence on the Model 3 and Model Y platforms for global volumes, even as broader market conditions weighed on demand.
Full-Year 2025 Production and Delivery Performance
For the full year 2025, Tesla produced 1,654,667 vehicles globally, representing a 6.7 percent decline from 2024. Total deliveries for the year reached 1,636,129 units, down 8.6 percent year over year, reflecting softer demand conditions across multiple key markets.

• Full-year 2025 production

• Model 3 and Model Y: 1,600,767 units

• Other models: 53,900 units

• Full-year 2025 deliveries

• Model 3 and Model Y: 1,585,279 units

• Other models: 50,850 units

While vehicle volumes moderated, the company reported deploying 14.2 GWh of energy storage systems globally in the fourth quarter, marking the highest quarterly deployment level in its history and signaling strong momentum in its energy business. Looking ahead, Tesla is scheduled to release its fourth-quarter 2025 financial results after market close on Wednesday, January 28, when it will issue a brief advisory outlining detailed financial performance and outlook.