Tesla (NASDAQ:TSLA) reported delivering 384,122 vehicles in the second quarter of 2025, missing Wall Street’s consensus forecast of 390,000 units, according to the company’s Wednesday update. This figure also trails behind the 443,956 vehicles delivered in the same period last year.

Despite the delivery shortfall, Tesla’s stock rose over 5% in premarket trading following the announcement.

Production during the quarter reached 410,244 vehicles, largely driven by the Model 3 and Model Y, which together accounted for 396,835 units produced and 373,728 vehicles delivered. Deliveries of other Tesla models totaled 10,394 units.

In addition, Tesla’s energy storage deployments hit 9.6 gigawatt-hours in the quarter.

The company is set to release its complete second-quarter financial results on July 23, after the market closes.

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