--- title: "Tesla Deliveries Slide 16% In Q4, Energy Storage Hits Records" description: "Tesla Inc. reported a 16% decline in Q4 deliveries compared to the previous year, with 418,227 vehicles delivered, missing estimates. Despite strong energy storage deployments of 14.2 GWh, the automot" type: "news" locale: "en" url: "https://longbridge.com/en/news/271347332.md" published_at: "2026-01-02T15:45:58.000Z" --- # Tesla Deliveries Slide 16% In Q4, Energy Storage Hits Records > Tesla Inc. reported a 16% decline in Q4 deliveries compared to the previous year, with 418,227 vehicles delivered, missing estimates. Despite strong energy storage deployments of 14.2 GWh, the automotive sector shows slowing momentum, particularly in Europe, where registrations fell sharply. For the full year, Tesla delivered approximately 1.64 million vehicles, down 8.6% from 2024. The company faces increasing competition from Chinese EV makers, while analysts remain divided on Tesla's valuation ahead of its Q4 earnings report. **Tesla Inc.** (NASDAQ:TSLA) concluded 2025 with strong vehicle output and record energy storage deployments, but quarterly and full-year comparisons highlight slowing momentum, particularly in the automotive sector. ## Strong Q4 Output, Misses Street Delivery Estimates In the fourth quarter, Tesla produced 434,358 vehicles and delivered 418,227 vehicles, below the Visible Alpha delivery estimate of 434,487 units. Energy storage deployments reached a record 14.2 gigawatt-hours, underscoring continued growth beyond the core automotive business. Deliveries were about 16% lower than the fourth quarter of 2024, when Tesla reported 495,570 deliveries. Production declined 5.5% year over year from 459,445 vehicles produced in the same period last year. ***Also Read: Musk Says Tesla Model Y Is World’s Bestselling Vehicle Again In 2025, But Grok Disagrees*** Model 3 and Model Y production totaled 422,652 vehicles, with 406,585 deliveries, about 3% subject to operating lease accounting. Other models contributed 11,706 vehicles produced and 11,642 deliveries, roughly 5% under lease accounting. ## Full-Year Deliveries Slightly Below Estimates For full-year 2025, Tesla produced 1.65 million vehicles and delivered approximately 1.64 million, narrowly missing the Visible Alpha estimate of 1.65 million deliveries. Deliveries fell 8.6% from 2024, when Tesla delivered 1.79 million vehicles. Model 3 and Model Y accounted for the bulk of volume, with 1,600,767 vehicles produced and 1,585,279 delivered, while other models added 50,850 deliveries. Annual energy storage deployments climbed to 46.7 gigawatt-hours. ## Europe Remains A Key Weak Spot Tesla’s delivery slowdown has been especially pronounced in Europe, where registrations declined across several major markets in December despite the rollout of lower-priced versions of the Model Y and Model 3. In France, registrations plunged 66% in December and dropped 37% for the full year. Sweden saw an even steeper decline, with December registrations down 71% and annual sales sliding 70%. Tesla also posted full-year declines in Portugal (-22%) and Spain (-4%). By November, Tesla’s market share across Europe, the U.K., and the European Free Trade Association slipped to 1.7% from 2.4% a year earlier, even as electric vehicles captured 19% of the overall car market. The weakness persisted despite Tesla rolling out lower-priced versions of the Model Y and Model 3. Norway remained a rare bright spot. Tesla registrations surged 89% in December to 5,679 vehicles, lifting its market share above 19% and marking a record sales year in a market where nearly all new car purchases are electric. ## Chinese EV Makers Gain Ground Tesla’s European challenges come as Chinese automakers rapidly expand their footprint. Chinese brands captured a record 12.8% share of Europe’s EV market in November, led by **BYD Co. Ltd**. (OTC:BYDDY), **Stellantis NV** (NYSE:STLA)-backed Leapmotor, and **Chery**. BYD posted nearly 222% year-over-year sales growth in Europe in November, while Tesla reported declines. Chinese-made hybrids also achieved a 13% market share across the EU, EFTA countries, and the UK. Exports from China to Europe increased by 63% year-over-year, with total vehicle exports rising by more than 87%. ## Earnings Ahead As Valuation Debate Continues Tesla will report fourth-quarter 2025 earnings after market close on January 28, 2026. Wall Street expects $24.87 billion in revenue and EPS of 45 cents. While Tesla shares have risen by more than 19% over the past year, analysts remain divided. **Morgan Stanley** has turned more cautious on valuation, while **Wedbush** argues Tesla’s long-term upside hinges more on autonomy, AI, and robotaxis than near-term vehicle sales. **TSLA Price Action:** Tesla shares were up 0.82% at $453.40 at the time of publication on Friday, according to Benzinga Pro data. ***Read Next:*** - ***Meta Acquires Manus, Betting Big On Action-Driven AI*** *Photo by Photo Agency via Shutterstock* ### Related Stocks - [TSLA.US - Tesla](https://longbridge.com/en/quote/TSLA.US.md) - [TSDD.US - GraniteShares 2x Short TSLA Daily ETF](https://longbridge.com/en/quote/TSDD.US.md) - [TSLL.US - Direxion Daily TSLA Bull 2X Shares](https://longbridge.com/en/quote/TSLL.US.md) - [TSLQ.US - AXS TSLA Bear Daily ETF](https://longbridge.com/en/quote/TSLQ.US.md) - [09366.HK - XI2CSOPTSLA-U](https://longbridge.com/en/quote/09366.HK.md) - [07766.HK - XL2CSOPTSLA](https://longbridge.com/en/quote/07766.HK.md) - [07366.HK - XI2CSOPTSLA](https://longbridge.com/en/quote/07366.HK.md) - [TSLR.US - GraniteShares 2x Long TSLA Daily ETF](https://longbridge.com/en/quote/TSLR.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | 一位希望 Rivian 收購電動車業務的投資者表示，特斯拉的品牌形象已經變得負面 | 華爾街投資者羅斯·格伯（Ross Gerber）建議特斯拉應該將其電動車業務出售給 Rivian，聲稱特斯拉品牌已成為一種負擔。他認為更改名稱可能會提升銷量。Rivian 最近報告了意外盈利，股價上漲了 27%，而特斯拉的利潤則連續第二年下 | [Link](https://longbridge.com/en/news/276188858.md) | | 加利福尼亞市正在考慮禁止與特斯拉、SpaceX 及其他埃隆·馬斯克旗下公司簽訂合同 | 加利福尼亞州的戴維斯市市議會正在考慮一項決議，禁止與埃隆·馬斯克擁有的公司簽訂合同，包括特斯拉和 SpaceX。如果獲得批准，該市將不與這些公司簽訂新合同或購買服務，並將鼓勵出售其股票。該決議旨在促進透明度和問責制，引用了馬斯克的公司所面臨 | [Link](https://longbridge.com/en/news/276136165.md) | | 特斯拉在 13 個歐洲國家的市場份額變動 | 特斯拉在電動車領域的市場份額在 2024 年 1 月至 2026 年 1 月期間在 13 個歐洲國家顯著下降。數據顯示，13 個國家中有 11 個的市場份額出現下滑，尤其在英國、挪威和荷蘭的下降尤為明顯。儘管有人認為特斯拉的銷量下降是由於整 | [Link](https://longbridge.com/en/news/276131655.md) | | 特斯拉首輛 Cybercab 下線：沒有方向盤和踏板的汽車終於來了 | 特斯拉宣佈，首輛賽博無人駕駛電動車 Tesla Cybercab 在美國得州超級工廠正式下線。風險提示及免責條款 市場有風險，投資需謹慎。本文不構成個人投資建議，也未考慮到個別用户特殊的投資目標、財務狀況或需要。用户應考慮本文中的任何意見、 | [Link](https://longbridge.com/en/news/276188665.md) | | 羅伯特·賴克表示，特斯拉沒有支付聯邦所得税，而埃隆·馬斯克的收入可能比美國所有教師的總和多 30 億美元——‘你看出問題了嗎？’ | 特斯拉報告稱在 2025 年沒有支付聯邦所得税，儘管其税前收入達到 57 億美元。前勞動部長羅伯特·賴希強調了這一點，並指出埃隆·馬斯克的潛在收入比所有美國小學教師的總和還要多出 30 億美元。批評者認為這反映了盈利豐厚的公司如何合法地減少 | [Link](https://longbridge.com/en/news/276133290.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.