Tesla Is Sitting on a Record 50k Unsold EVs

5 hours ago

Tesla holds a record 50,363 unsold EVs, the highest since its founding two decades ago.
In Q1, production was 408,386 vehicles, a 13% yearly increase, but deliveries were only 358,023, missing analyst estimates.
Tesla discontinued the Model S and Model X on April 1 to focus on robotics, narrowing its portfolio to Model 3, Model Y, and Cybertruck.
The EV market in the U.S. saw a 28% sales decline in early 2026, impacting many automakers' electrification plans.
Other brands like Rivian, BMW, and Volvo are still launching new EV models despite the industry slowdown.

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