Tesla Stock Slips After 358,023 Q1 Deliveries Report, Missing Analyst Forecasts

Tesla said it delivered 358,023 vehicles in the first quarter of 2026. That figure came in below analyst expectations. StreetAccount had estimated 370,000 deliveries, while Tesla’s own compiled consensus, published on March 26, pointed to an average estimate of 365,645.

Following the report, Tesla shares fell about 3% to 4% in early trading on Thursday. The decline followed investor reaction to the delivery miss and continued amid broader market pressure tied to geopolitical tensions and risk sentiment.

The firm also reported total production of 408,386 vehicles for the quarter. Deliveries remain the company’s closest measure of sales and Tesla stock price growth catalysts, though it does not define them precisely in shareholder communications.