Tesla: deliveries miss estimates
Tesla’s Q1 deliveries came in below estimates and the company is heading into a critical earnings report on April 22, though it has secured its first EU approval tied to a European FSD rollout. (ad-hoc-news.de) In Australia, the Model Y was the third best‑selling vehicle in March and the top EV—nearly doubling sales of the next‑best BYD Sealion 7—even as Model Y annual sales grew only about 4.6% in 2025 despite a major update. (irrigator.com.au)
Tesla delivered 358,023 vehicles in the first quarter, missing Tesla’s own compiled analyst consensus of 365,645 and setting up a closely watched earnings report on April 22. (ir.tesla.com 1) (ir.tesla.com 2) (ir.tesla.com 3) Tesla said on April 2 that it produced 408,386 vehicles in the quarter, leaving production ahead of deliveries by 50,363 vehicles. Most of the volume still came from the Model 3 and Model Y, which accounted for 345,454 deliveries. (ir.tesla.com) Compared with the fourth quarter of 2025, deliveries fell from 418,227 to 358,023. CNBC reported Wall Street had been looking for about 370,000 deliveries before Tesla posted the result. (ir.tesla.com) (cnbc.com) The next checkpoint is Wednesday, April 22, 2026, when Tesla is scheduled to release first-quarter financial results and hold a webcast at 5:30 p.m. Eastern Time. That report will show whether lower deliveries were offset by pricing, margins, or growth in Tesla’s energy-storage business, which reached 8.8 gigawatt-hours in the quarter. (ir.tesla.com) (markets.financialcontent.com) (ir.tesla.com) Tesla also picked up a regulatory win in Europe on April 10, when the Dutch vehicle authority RDW issued type approval for Full Self-Driving Supervised. RDW said the system is a driver-assistance feature, not a self-driving car, and said it had tested the software for more than one and a half years. (rdw.nl) (electrive.com) That approval applies first in the Netherlands, and Tesla said installations in customer vehicles would begin through an over-the-air update in the coming days. Reuters reported the Dutch approval covers highways and city streets with required human supervision. (electrive.com) (msn.com) In Australia, the sales picture looked stronger in March. Drive reported the Model Y was the country’s third best-selling vehicle at 2,818 registrations and the top-selling battery electric vehicle, while WhichCar said battery electric vehicles reached 15,839 sales, or 14.6 percent of the market, for the month. (drive.com.au) (whichcar.com.au) The Australian rebound did not erase a slower annual trend. The Driven’s 2026 monthly tally shows the Model Y at 4,736 Australian sales through March, up about 4.6 percent from the same period a year earlier despite a major update to the vehicle. (thedriven.io) Tesla goes into April 22 with two facts moving in opposite directions: vehicle deliveries came in light, and a new driver-assistance approval opened a fresh market in Europe. The earnings report will show which of those facts investors treat as the bigger one. (ir.tesla.com) (rdw.nl)
