Tesla delivers 1.63 millions vehicles in 2025, down 8% from year prior

Summary

CNBC's Phil LeBeau reports that Tesla's Q4 2025 deliveries came in below expectations, with full-year deliveries down about 8.5% to 1.63 million vehicles. Tesla's energy deployments hit a record 14.2 GWh. The company will report earnings on January 28. The segment opens with a comment that mega-cap valuations are not particularly high relative to growth.

• Tesla Q4 deliveries totaled 418,227, below FactSet consensus of 426,000 and Tesla's own surveyed estimate of 422,850.
• Full-year 2025 Tesla deliveries were 1.63 million, down about 8.5% from 2024.
• Tesla energy deployments reached a record 14.2 GWh.
• Tesla will report Q4 earnings on January 28 after the bell.
• The segment began with a note that mega-cap P/E ratios are not particularly high given growth rates.
• No explicit investment recommendation was given.