Tesla announced on Friday that fourth-quarter deliveries fell more than expected, with sales falling for the second time in a row throughout the year. The company had trouble boosting demand for its electric vehicles after tax subsidies were removed. Tesla said it delivered 418,227 cars in the fourth quarter, down from 49,5570 in the same period last year. Analysts expect 434,487 vehicles to be delivered, according to Visible Alpha. Throughout the year, Tesla delivered 1.64 million cars, compared to 1.79 million in 2024. Analysts surveyed by Visible Alpha had previously estimated that the company would deliver around 1.65 million vehicles throughout the year. This data raises questions about whether Tesla can stabilize its core car business after two consecutive years of declining sales, but the company is turning to future projects such as robots and autonomous vehicles to prove the rationality of its high valuation. Analysts said the biggest pressure Tesla faced in 2025 came from North America and Europe, where competition intensified, and the company also faced negative brand reactions related to Musk's political remarks earlier this year. Despite a decline in car deliveries, Tesla's stock price increased by around 11.4% in 2025, which increased Musk's wealth.

Tesla announced on Friday that fourth-quarter deliveries fell more than expected, with sales falling for the second time in a row throughout the year. The company had trouble boosting demand for its electric vehicles after tax subsidies were removed. Tesla said it delivered 418,227 cars in the fourth quarter, down from 49,5570 in the same period last year. Analysts expect 434,487 vehicles to be delivered, according to Visible Alpha. Throughout the year, Tesla delivered 1.64 million cars, compared to 1.79 million in 2024. Analysts surveyed by Visible Alpha had previously estimated that the company would deliver around 1.65 million vehicles throughout the year. This data raises questions about whether Tesla can stabilize its core car business after two consecutive years of declining sales, but the company is turning to future projects such as robots and autonomous vehicles to prove the rationality of its high valuation. Analysts said the biggest pressure Tesla faced in 2025 came from North America and Europe, where competition intensified, and the company also faced negative brand reactions related to Musk's political remarks earlier this year. Despite a decline in car deliveries, Tesla's stock price increased by around 11.4% in 2025, which increased Musk's wealth.