# Tesla's Q1 2026 deliveries were a slight improvement from one year ago.

*business · news · 2026-04-12 · Markets Insider*

## Key points

- Tesla's 2025 sales dropped 8.6% year-over-year to 1.64 million vehicles.
- Q1 2026 deliveries improved year-over-year but fell 14.4% sequentially from the previous quarter.
- Tesla's energy generation and storage business declined 38% quarter-over-quarter to 8.8 GWh in Q1.
- Elon Musk confirmed 2026 will be a 'very big capex year' for future AI initiatives.

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

[Read the full story on Markets Insider](https://markets.businessinsider.com/news/stocks/stay-on-the-sidelines-says-top-investor-about-tesla-stock-1036013364)

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