# But it still depends on selling cars to finance that shift, and that core business is under.

*business · news · 2026-04-06 · OilPrice*

## Key points

- Tesla's vehicle deliveries last quarter were 372,160, well below its near-500,000 peak.
- US buyers no longer receive federal tax credits for Tesla vehicles, impacting domestic demand.
- Tesla is phasing out Models S and X, narrowing its product lineup amid rising competition.
- February shipments from Tesla's Shanghai plant surged 91%, signaling a rebound in China.
- Investor focus is shifting from car deliveries to Tesla's AI, robotaxi, and robotics initiatives.

**Companies:** Tesla Inc.
**Countries:** United States, China, Europe

[Read the full story on OilPrice](https://oilprice.com/Energy/Energy-General/Tesla-Q1-Deliveries-Expected-to-Fall-Far-Short-of-Peak-as-EV-Demand-Cools.html)

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