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Tesla reports 14 percent drop in second-quarter vehicle deliveries

Tesla reports 14 percent drop in second-quarter vehicle deliveries

The Verge3 days ago
Tesla sales hit a new low, with the company reporting a 14 percent drop in second-quarter vehicle deliveries compared to a year ago.
The company said that it produced a total of 410,244 vehicles between April–June of this year, including 396,835 Model 3 and Model Y vehicles, as well as 13,409 'other vehicles' like the Model S, Model X, and Cybertruck. That represents a minor 0.1 percent drop compared to the second quarter of 2024, when the company produced 410,831 vehicles.
Tesla also said that it delivered a total of 384,122 vehicles, including 373,728 Model 3 and Model Y vehicles, as well as 10,394 other vehicles — a 14 percent decline compared to the second quarter of 2024, when it delivered 443,956 vehicles. (For a direct-to-consumer company like Tesla, deliveries are a proxy for sales.)
Expectations were pretty grim for this quarter, with UBS predicting an 18 percent decrease in deliveries year over year, and Barclay estimating 375,000 vehicles sold. Tesla may have outperformed these expectations, but the company is still on a steady decline since reporting its first year-over-year sales drop since 2020 last year.
It was another troubling sign for the once high-flying EV company as it continues to struggle with rising competition, stagnant demand for electric vehicles, and a growing backlash against Elon Musk's political activities within President Donald Trump's administration. The Tesla Takedown protest movement, which began earlier this year, has targeted hundreds of Tesla dealerships around the world in an effort to erode the company's sales even further.
Last month, Musk announced that he was stepping away from his position at the Department of Government Efficiency (DOGE) amid a bitter feud with Trump — but insisted that DOGE's controversial cost-cutting efforts would continue. Still, his reputation in the US has plummeted, with a majority of people saying they have a negative view of him. His claims to have saved the government a trillion dollars by slashing 'waste, fraud, and abuse' seem to have been mostly overstated.
There were other worrying signs ahead of the Q2 report. Tesla's sales in Europe have been in a serious slump with five straight consecutive months of decline, according to registration data from the European Union. In China, the company's sales continue to decrease as domestic brands like BYD grab more market share. (Tesla does not break out sales regionally, so registration data from Europe and China are watched closely.)
During Q1, Tesla attributed some of the drop in sales to design and production changes for the newly refreshed Model Y. But now the revamped EV is widely available, and the automaker's numbers are still going in the wrong direction.
There's been inner turmoil at Tesla, too. Last week, Omead Afshar, Tesla's VP of manufacturing and a longtime Musk ally, left the company — with some reports suggesting he was fired. His departure follows that of Milan Kovac, head of the Optimus humanoid robot project, earlier this month.
The launch of Tesla's long-delayed robotaxi service was also a bit of a bust. Instead of the 'unsupervised' vehicles that Musk had promised at the beginning of this year, the robotaxis featured Tesla-employed safety monitors in the front passenger seat. Several videos of the service in action showed significant safety lapses, including a robotaxi driving over the double yellow line into the opposite lane of traffic and braking hard in the middle of the road for no reason.
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It was originally released at $150, but the price has since increased to $250. One of the newest models in Amazon's Fire TV lineup, the 2-Series features an HD 720p resolution display, upgraded Alexa features and wireless Bluetooth listening. If you're looking for an affordable smart TV, both the 32- and 40-inch models are currently discounted. Why It's A Good Deal: This price is only $3 away from the second-lowest price drop we've seen this year. Track your daily fitness performance, adopt better sleep habits and keep in touch with loved ones, all from your wrist. Several band colors are currently discounted, but prices vary depending on which one you choose. Why It's A Good Deal: This is the second time this watch has dropped to this price in the past year. MOST POPULAR You won't regret investing in a portable cooler for the coming summer months. This Yeti design features a leakproof zipper and durable fabric that withstands wear and tear and won't fade, even after sitting out in the sun for hours at a time. It's currently on sale in both Key Lime and Wild Vine Red. Why It's A Good Deal: This is the lowest price we've seen for this Yeti in 2025. This Hydro Flask tumbler comes with a leak-resistant press-in lid and built-in straw that will keep your drinks cold for hours. Plus, it can comfortably fit in most cupholders. It's on sale in a few colorways right now, but prices vary depending on the size and color combination. Why It's A Good Deal: This is the biggest discount we've seen at Amazon. Effective and easy to use, the Momcozy M5 is one of our favorite wearable breast pumps overall. It's incredibly user-friendly and, most importantly, comfortable to wear. However, it tops out at 4 ounces of milk per cup, so you may want to consider another model if you typically produce more. Why It's A Good Deal: This is the lowest price we've seen for a single pack of this breast pump at Amazon. Pick up this set of floor fans to keep on your outside patio or move around your home on sweltering days. The fans are designed with a 360-degree pivoting head, a built-in handle for carrying and are easy to assemble. Why It's A Good Deal: While it's not the lowest price we've seen on these fans, it's still a substantial discount, just in time for the hotter months ahead. If you're looking for a smartwatch that prioritizes daily health tracking—like energy and stress levels, sleep patterns and exercise—this modern Garmin timepiece will cover your bases. It also has a reliable battery than can last up to 11 days in watch mode on a single charge. Why It's A Good Deal: This is the lowest price we've seen so far in 2025. This compact air purifier is a great option for small spaces, like apartments or personal offices. 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Get ready for summer with 30% off a durable kiddie pool, or 25% off the Amacool stroller fan. Find those deals, and more, ahead. Jasonwell Foldable Kiddie Pool (XXL): Now $42, Was $60 (30% Off) Anico EASZZZ Baby Night Light: Now $30, Was $40 (25% Off) Amacool Battery Operated Stroller Fan: Now $22, Was $30 (25% Off) Cumbor Retractable Baby Gates: Now $36, Was $50 (28% Off) Dreamegg White Noise Machine: Now $18, Was $28 (36% Off) Babysense Baby Monitor: Now $1oo, Was $130 (23% Off) Nutribullet Baby Steam + Blend: Now $82, Was $115 (29% Off) Grownsy Baby Food Maker: Now $51, Was $68 (25% Off) GoodBaby No-Touch Thermometer: Now $14, Was $30 (53% Off With Coupon) TPN Collapsible Baby Bathtub: Now $36, Was $51 (29% Off) Fshibila Large Baby Playpen: Now $48, Was $70 (32% Off With Code SNJ9ZUZ4) Amazon Fire HD 8 Kids Pro Tablet: Now $65, Was $140 (54% Off) Joolz AER+ Compact Travel Stroller: Now $399, Was $499 (20% Off) Nanit Baby Monitor And Night Light Travel Bundle: Now: $231, Was $330 (30% Off) Step2 Wagon for Two Plus: Now $88, was $120 (27% Off) Nanit Pro Smart Baby Monitor & Floor Stand: Now $260, Was $400 (35% Off) Why Trust Forbes Vetted The deals team at Forbes Vetted has nearly two decades of collective experience covering sales events, including Amazon Prime Day. Our team is dedicated to sourcing and sharing the best discounts on high-quality items that we can find with our readers, across a range of categories. This story combines expertise from the following three members of our deals team: Jordan Thomas , Forbes Vetted's assistant deals editor, has been covering consumer shopping trends and sales for more than five years, and has been been writing for Forbes Vetted for the past three years. In addition to producing daily deals content, she also follows prices and trends throughout the year. , Forbes Vetted's assistant deals editor, has been covering consumer shopping trends and sales for more than five years, and has been been writing for Forbes Vetted for the past three years. In addition to producing daily deals content, she also follows prices and trends throughout the year. Maya Gandara , Forbes Vetted's deals editor, has covered the e-commerce space for over six years. She watches sales across a wide array of retailers to find the best deals for Vetted readers. , Forbes Vetted's deals editor, has covered the e-commerce space for over six years. She watches sales across a wide array of retailers to find the best deals for Vetted readers. Kara Cuzzone , Forbes Vetted's supervising deals and coupons editor, originally edited this story. She has been leading the Forbes Vetted deals team for over four years, and holds more than seven years of experience researching and reporting on deals and sales events. As the week progresses and Prime Day sales come and go, we will continue to update this story to ensure all included deals are still live and all pricing is accurate. We'll also keep adding deals as they are released during the Amazon Prime Day event, so check back for the latest sales. Amazon Prime Day will run from July 8 through July 11 this year—that's four days, twice as long as Prime Day has run for the last few years. Before the 8th, though, early deals mean that you can get lots of items for sale prices right now. Bookmark this page to stay updated on the latest discounts. Can You See Amazon Prime Day Deals Early? No, you can't see Amazon's actual Prime Day deals in advance. The retailer keeps those under wraps until the official sale launches and doesn't offer any previews. How Often Does Amazon Prime Day Take Place? Technically, there's only one Amazon Prime Day per year. That said, Amazon hosts a secondary event in the Fall, which is colloquially referred to as October Prime Day. It has also rolled out a spring savings event and typically promotes a variety of themed sales throughout the year. Can You Preview Amazon Prime Day Deals? Prime members are able to view upcoming deals and set price alerts that notify them when certain products go on sale. This can be done through the Prime Day event page. How Do I Get Alerted To Prime Day Deals? This is also available to all Prime members. From the Prime Day event page, select 'Watch This Deal' and enable push notifications to receive alerts. Prime Day will end at 11:59 p.m. Pacific time on Friday, July 11. This year, the sale has doubled from two days to four, meaning you can shop the sale from July 8 through July 11.

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