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Tesla might post a partial recovery in 2026, but it is unlikely to perform significantly better than in its 2025 slump year. By Stewart Burnett
Tesla has published a compiled analyst consensus from 23 sell-side firms projecting Q1 2026 deliveries of 365,645 vehicles and a full-year figure of 1.69 million, down from approximately 1.75 million in December. The full-year number would represent a 3.3% increase on 2025’s 1.64 million—itself the second consecutive year of declining deliveries following a peak of 1.81 million in 2023.
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