Overview

• Tesla delivered 384,122 vehicles in the second quarter of 2025, down 13.5% from 443,956 units a year earlier
• Production held steady at 410,244 vehicles, a marginal change from the 410,831 units built in Q2 2024
• Intensifying competition from Chinese automakers and legacy brands, along with demand headwinds tied to Elon Musk’s political activism, have driven the delivery slump
• Tesla is countering the downturn with price reductions, a refreshed Model Y rollout and plans for lower-cost variants
• The company is advancing its autonomous and robotics push through a limited Austin robotaxi pilot and will publish full Q2 financials with a live management Q&A on July 23