Tesla (TSLA) Q1 2026 deliveries miss expectations at 358,000, builds 50,000 excess vehicles
Tesla released its Q1 2026 production and delivery results today, confirming 358,023 vehicle deliveries — about 7,600 units below the Wall Street consensus of 365,645 vehicles.
More concerning than the miss itself is the gap between production and deliveries. Tesla produced 408,386 vehicles during the quarter but only delivered 358,023, adding over 50,000 vehicles to inventory in a single quarter.
