Tesla Q1 deliveries beat expectations
Tesla delivered 365,645 vehicles globally in Q1 2026 — down from the prior quarter but up year‑over‑year, giving Wall Street some comfort even as longer-term forecasts were trimmed. The figures suggest Tesla still has momentum, but industry headwinds mean analysts are tempering future growth assumptions. (statesman.com)
Tesla published a company‑compiled delivery consensus drawn from 23 sell‑side analysts, naming contributors such as Goldman Sachs, Morgan Stanley and JPMorgan in its March 26 release. (ir.tesla.com) That table allocates 351,179 deliveries to the Model 3/Model Y cohort and 13,946 to “all other models” for the quarter, and it shows Q1 energy‑storage deployments pegged at 14.4 GWh with a 2026 storage forecast of 65.2 GWh. (ir.tesla.com) Tesla’s company‑compiled 2026 total‑deliveries consensus is 1,689,691 units, with a reported median of 1,678,900 and a standard deviation of 203,762 across forecasts for the year. (ir.tesla.com) The company disclosure also notes Q1 consensus reporting shows higher dispersion — Q1 standard deviation listed at 85,769 and the energy‑deployment standard deviation at 5.2 GWh — based on 23 vehicle estimates and 17 battery estimates respectively. (ir.tesla.com) Wall Street has trimmed some near‑term targets: the company‑compiled 2026 delivery consensus fell to about 1.689 million from a roughly 1.723 million estimate earlier in January, and research houses have lowered earnings and delivery forecasts amid the revision. (ts2.tech) Individual analyst moves include Erste Group cutting its FY2026 EPS estimate for Tesla to $1.40, reflecting the broader re‑rating of earnings assumptions after management’s guidance shifts. (marketbeat.com) Tesla’s investor‑relations release reiterates that the company “does not endorse any information, recommendations or conclusions made by the analysts,” and the market awaits Tesla’s official Q1 delivery and energy figures due to be released on April 2, 2026. (ir.tesla.com)
