# Tesla produced 408,386 vehicles in the first quarter, well below the 446,063 consensus estimate.

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

## Key points

- Tesla produced 408,386 vehicles in Q1, missing the 446,063 consensus estimate.
- Tesla's fiscal 2025 deliveries marked its second consecutive year of declining volumes.
- Tesla deployed only 8.8 GWh of energy storage in Q1 2026, below the 14.4 GWh estimate.
- Analysts have lowered Tesla's price targets, with Baird now at $538 and Canaccord at $420.

**Companies:** Tesla
**Countries:** United States

[Read the full story on Benzinga](https://www.benzinga.com/trading-ideas/movers/26/04/51663680/whats-going-on-with-tesla-stock-today-14)

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