Sales of Tesla vehicles rose in the last three months in a possible sign recovery is afoot after a brutal year of boycotts over Elon Musk’s politics but still fell short of expectations.

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.

Tesla sold 358,023 cars globally in the first three months of 2026, according to a sales report released by company on April 2.

Production outpaced deliveries by more than 50,000 vehicles, and energy storage deployments fell sharply from a record quarter

CNBC's Phil LeBeau joins 'Squawk on the Street' to report on Tesla's Q1 deliveries.

By Akash Sriram April 2 (Reuters) - Tesla kicked off 2026 with its weakest quarterly deliveries in a year, missing Wall Street expectations as fading U.S. incentives and intensifying global competition strain its core electric vehicle business.

Hint: It's not just because of EVs.

Big Tech stocks were under pressure Thursday, leading to a sharp loss for an exchange-traded fund that provides exposure to that closely watched group of megacap companies. The Roundhill Magnificent Seven ETF — which holds Apple,

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.