Tesla delivered fewer vehicles to customers for the second quarter in a row

On the heels of Tesla CEO Elon Musk’s massive payday, the company released its latest quarterly production and delivery report, showing drops from last year in both production and deliveries.

Tesla reported producing 410,831 vehicles over the three-month period that ended in June, a 14 percent drop compared to the second quarter of 2023. Tesla reported delivering 443,956 vehicles to customers during Q2 of 2024, a 4.76 percent drop from the 466,140 vehicles it delivered in Q2 2023.