Tesla sales grew by 6% in Q1, but company has an overproduction problem
Between January and March, Tesla built 50,000 more cars than it could sell.
This morning, Tesla published its production and delivery results for the first three months of 2026. And for the first time in a while, the news has been largely positive. The automaker built a total of 408,386 electric vehicles, a 12.6 percent increase from Q1 2025. Almost all of those EVs were Models 3 and Y—the company built 394,611 of these, a 14.2 percent increase compared to the same quarter last year. The rest were mostly Cybertrucks, as we learned at the end of January that the aging Models S and X had finally been put out to pasture. At 14 years, the Model S's service to Tesla showed longevity beaten only by Nissan's R35 GT-R, which was old enough to vote when it was finally retired. Overproduction Tesla also recorded an increase in sales for Q1, though not to the same degree. It sold a total of 358,023 EVs, a 6.3 percent increase compared to the same quarter in 2025. Unfortunately for Tesla, that growth is only half as much as the increase in production.Read full article Comments
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