---
title: "Tesla hits 10 million vehicles — but its EV growth has stalled"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294376142.md"
description: "Tesla announced the production of its 10 millionth all-electric vehicle, a historic milestone for the automaker. However, this achievement arrives later than previously promised and coincides with stalled growth. After years of targeting 50% annual growth, Tesla experienced its first annual delivery decline in 2024 and a further 9% drop in 2025, marking two consecutive years of decreasing output despite having excess capacity."
datetime: "2026-07-30T13:36:51.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294376142.md)
  - [en](https://longbridge.com/en/news/294376142.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294376142.md)
generator: "portal-rs"
---

# Tesla hits 10 million vehicles — but its EV growth has stalled

Tesla has built its 10 millionth vehicle, the company announced this week. Ten million all-electric cars is a real milestone, and no other automaker has done it.

But it’s arriving later than Tesla once promised, and the company is now building well under the capacity it already has.

## The 50% growth that just stopped

For years, Tesla guided investors toward roughly 50% average annual growth in production and deliveries. Elon Musk repeated that target on call after call. And for a while, the numbers backed it up.

Then it stopped. Tesla peaked at 1.81 million deliveries in 2023. In 2024, it posted its first-ever annual decline, at about 1.79 million. In 2025, deliveries fell again to 1,636,129, down 9% year over year. That’s two straight years of decline, and 2026 is so far not much better.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**