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Tesla sales grew by 6% in Q1, but company has an overproduction problem - Ars Technica

https://arstechnica.com/cars/2026/04/tesla-sales-grew-by-6-in-q1-but-company-has-an-overproduction-problem/
April 2, 2026 at 11:40 PM JSTThe archive page, viewer, and downloads use this saved version.
April 2, 2026 at 11:40 PM JST·arstechnica.com

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Tesla sales grew by 6% in Q1, but company has an overproduction problem - Ars Technica

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This page reports Tesla's Q1 2026 production and delivery results. The company produced 408,386 electric vehicles, a 12.6% increase year-over-year, but sold only 358,023 vehicles, representing a 6.3% increase. Production growth outpaced sales growth significantly, creating an overproduction problem with 50,000 excess vehicles in inventory. The energy storage business deployed only 8.8 GWh, down 15% compared to Q1 2025. Model S and X production has ended, with focus shifting to Model 3, Y, and Cybertruck.

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