Cybertruck sales in free fall as Tesla reports mediocre sales for Q3
Summary
Tesla sold fewer electric vehicles in the third quarter of 2026 compared to the same period in 2025, with a 2.1% decrease in total sales. However, Tesla’s production increased, and the company sold more energy storage products during this period.Key Facts
- Tesla sold 486,532 electric vehicles in Q3 2026, down 2.1% from 497,099 in Q3 2025.
- The decrease in sales was smaller than analysts expected, so Tesla’s stock price rose.
- Tesla produced 464,391 vehicles in Q3 2026, which is 3.7% more than the previous year.
- Most production was Models 3 and Y (457,387 vehicles), which increased by 4.9%.
- Other models, including the Cybertruck, saw a 39.8% drop in production.
- Sales of Models 3 and Y fell slightly by 0.6%, while sales of other models dropped by 48%.
- Tesla’s energy storage deployment increased by 9.6%, reaching 13.7 gigawatt-hours.
- Tesla will release detailed financial results for Q3 on October 21, 2026.
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