Cybertruck sales in free fall as Tesla reports mediocre sales for Q3
Tesla met analysts expectations as it sold fewer cars in Q3 2026 than Q3 2025.
Tesla reported a decline in electric vehicle sales during the third quarter of 2026, with a 2.1 percent decrease compared to the same period in 2025. The company sold 486,532 EVs, which is a lower number than the 497,099 they sold in the previous year. Despite the disappointing sales figures, Tesla's stock price increased, as the company exceeded analysts' expectations of 456,600 cars sold, resulting in an 8 percent year-on-year decline.
However, total production at Tesla increased year over year, with a 3.7 percent increase in vehicles built. Out of the 464,391 vehicles produced, 457,387 were Models 3 and Y, a 4.9 percent year-on-year increase. The remaining 7,004 vehicles were primarily Cybertrucks, marking a significant 39.8 percent decrease year over year in this category.
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