The company delivered more cars than this time last year, but overall sales are still on the decline

Elon Musk’s company reported vehicle sales and energy-storage deployments that were well below Wall Street’s expectations.

As much as Elon Musk wants to stake Tesla Inc.’s future on artificial intelligence, he still needs to sell cars to fund those ambitions — and the auto business is only getting tougher.

Tesla sales were up 6.3% in the first quarter compared with a year prior, but the company missed Wall Street estimates for deliveries.

Like the rest of the industry, Tesla has been hit hard by slowing demand for electric vehicles as the EV winter takes hold.

Elon Musk’s Tesla posted one of its weakest sales quarters in years to start 2026, as the onetime Wall Street darling struggles to turn around its business. The automaker delivered 358,023 vehicles during the first quarter,

Deliveries of Elon Musk's Tesla vehicles dropped about 13% compared to a year ago, according to a new release from the company. The decline comes amid criticism of Musk and increased competition. On Wednesday,

Quick Read Tesla (TSLA) trades down 22% from all-time highs with a 353 times trailing P/E multiple. Musk is pivoting Tesla from an electric vehicle company to a physical AI and robotics innovator, with success depending on whether Optimus robots achieve widespread workplace adoption