Tesla stock drops over 2.5% intraday after Q4 vehicle deliveries decline 16% — Details here

Billionaire Elon Musk's electric vehicle (EV) maker, Tesla Inc., stock dropped more than 2.5% during the intraday trading session on the US stock market on Friday, 2 January 2026, after the company's October-December quarter (Q4) vehicle deliveries data noted a 16% decline to 418,227 vehicles.

Tesla filings released on 2 Janaury showed that the company delivered a total of 406,585 units of Model 3/Y, while 11,642 of other models, according to the official announcement. However, the company produced a total of 434,358 units in the October-December quarter of 2025.

The EV company's total production for 2025 stood at 1,654,667 units, while the deliveries were at 1,636,129 as of the year-end, as per the data. According to a news report from Bloomberg, Tesla's vehicle sales dropped by 8.6% last year, bringing the EV company behind China's BYD in global rankings.

The news report showed that BYD's increased battery-electric vehicle sales both for the quarter and the full year, delivering almost 2.26 million EV units, compared to Tesla’s 1.64 million units.

Tesla Q4 results date

In the company filing, Elon Musk's Tesla announced that the board of directors will release the results for the October to December quarter of the calendar year 2025 after the stock market closes on 28 January 2026.

“Tesla will post its financial results for the fourth quarter of 2025 after market close on Wednesday, January 28, 2026,” the company informed its investors on 1 January 2026.

After the Q4 results release, Tesla's management will hold a live question-and-answer webcast session on that day at 5:30 p.m. (EDT) to discuss the company's financial performance.

Tesla stock today

Tesla stock price dropped over 2.5% from its market open levels during the intraday trading session on Friday, 2 January 2026, after the company's business update. The shares opened at $457.80 levels, before dropping to their intraday low level of $442.49 on Friday's market session.

Tesla share price was trading 1.33% lower at $443.72 as of 10:56 a.m. (EDT), compared to $449.72 at the previous US stock market close, according to MarketWatch data.

Shares of the EV maker hit its 52-week high level at $498.83, while the 52-week low level stood at $214.25, according to the market data.

Tesla shares delivered stock market investors more than 87% returns on their investment in the last five years, and over 16% returns in the last one-year period. The EV-giant shares gained 2.84% in the last one-month period, but are now trading 8.97% lower in the last five market sessions on Wall Street.

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Disclaimer: This story is for educational purposes only. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.