Tesla deliveries hit record 480,126 as shares fall 8%
The automaker's vehicle deliveries have flatlined while capital expenditures on artificial intelligence and robotics are ballooning, raising questions about what Tesla actually is anymore
Tesla Inc. (TSLA) price
Full chart and statsLoading chart…
- Last close
- $404
- Close-to-close change
- −0.8%
- Market cap
- $1.6T (shares as of 2026-10-15)
- P/E (trailing)
- 444.2 (EPS to 2026-09-30)
- Annual revenue
- $94.8B USD (FY ended 2025-12-31) 10-K
- Annual revenue growth
- −2.9% (FY ended 2025-12-31 vs FY ended 2024-12-31) 10-K
- Annual net income
- 3,794,000,000 USD (FY ended 2025-12-31, attributable to the company) 10-K
- Annual operating margin
- 4.6% (FY ended 2025-12-31)
- Forward P/E
- Unavailable: no dated forecast source
Gloria daily close for session Oct 28, 2026. Market cap and trailing P/E use this close with the SEC share total and trailing diluted earnings, each dated next to its figure. Annual revenue, revenue growth, net income and margin show their own fiscal period and link the 10-K. Current context may postdate this article.
Tesla Inc. and its peers
| Company | Price | Market cap | P/E (trailing) | Forward P/E | Annual revenue (USD) | Annual revenue growth | Annual net income (USD) | Operating margin |
|---|---|---|---|---|---|---|---|---|
|
|
$404 | $1.6T | 444.2 | Unavailable | $94.8BFY ended 2025-12-31 · 10-K | −2.9%FY ended 2025-12-31 vs 2024-12-31 · 10-K | 3,794,000,000FY ended 2025-12-31, attributable to the company · 10-K | 4.6%FY ended 2025-12-31 |
|
|
$82 | $69.6B | 18.0 | Unavailable | $185.0BFY ended 2025-12-31 · 10-K | −1.3%FY ended 2025-12-31 vs 2024-12-31 · 10-K | 2,697,000,000FY ended 2025-12-31, attributable to the company · 10-K | 1.6%FY ended 2025-12-31 |
| F Ford Motor Co F · Price dated Oct 27, 2026 | $12 | $46.8B | Not meaningfulLoss, diluted EPS −1.87 to 2026-06-30 · SEC filing | Unavailable | $187.3BFY ended 2025-12-31 · 10-K | +1.2%FY ended 2025-12-31 vs 2024-12-31 · 10-K | −8,182,000,000FY ended 2025-12-31, available to common stockholders · 10-K | −4.9%FY ended 2025-12-31 |
| R Rivian Automotive, Inc. RIVN · Price dated Oct 27, 2026 | $12 | $16.1B | Not meaningfulLoss, diluted EPS −2.59 to 2026-06-30 · SEC filing | Unavailable | $5.4BFY ended 2025-12-31 · 10-K | +8.4%FY ended 2025-12-31 vs 2024-12-31 · 10-K | −3,646,000,000FY ended 2025-12-31, attributable to the company · 10-K | −66.5%FY ended 2025-12-31 |
Missing figures stay unavailable. Forward P/E requires a dated source. Annual revenue, revenue growth, net income and margin come from each company's own 10-K, in US dollars, and each row shows that fiscal year. Revenue growth compares the fiscal year with the prior year stated in the same 10-K. Net income is the full year amount attributable to the company, or available to common stockholders where the filing states only that, or consolidated net income. Each row names its basis. Trailing P/E reads "Not meaningful" when the dated trailing diluted EPS is a loss or zero. An operating margin appears only when the filing states both the operating income and the revenue for the same year.
Sources: SEC filings, Gloria daily closes, CoinGecko and Databento. Oldest record refresh: Oct 28, 2026, 4:31 PM EDT. Refresh is not a price or filing date. Each row shows its price date and its annual fiscal period. Peers use industry code and company size, or editorial selection. Market cap multiplies that row price by the company share total the latest SEC filing states for every share class together. Trailing P/E divides it by trailing diluted earnings from SEC filings. Rolled earnings per share are approximate because share counts can change between periods. Both appear only when the SEC data carries its date, so they are estimates at one price date, not synchronized filing valuations. Not investment advice.
Token vs underlying stock
Current comparison for TSLA. Historical observations may postdate this article.
TSLAx token unit vs TSLA share · USD
+24.1% over displayed period
● TSLAx token┄ TSLA stock: $407.46
Source: CoinGecko + Gloria · Retrieved Oct 28, 19:15 UTC · Delayed
Methodology and data
Split-adjusted regular-session stock closes from the existing Gloria shared history, paired only with an observed token price within 45 minutes of 16:00 New York time. Up to 60 matched sessions. No interpolation or missing-date fill. Weekends and known early closes are omitted. Token units are not adjusted for issuer multipliers or dividend treatment. This compares quoted prices, not fair value, executable premiums or arbitrage returns. Solid line: token. Dashed line: stock. Exact quote times and values appear below. Historical observations. Retrieval refers to the token source. Token quote times use UTC. The fixed cohort shows its oldest member fetch.
| Date (UTC) | Token (USD) | Stock close (USD) | Token quote (UTC) |
|---|---|---|---|
| 2026-08-04 | 327.60 | 327.35 | 2026-08-04 20:00 |
| 2026-08-05 | 321.77 | 321.55 | 2026-08-05 20:00 |
| 2026-08-06 | 319.34 | 319.53 | 2026-08-06 20:00 |
| 2026-08-07 | 328.56 | 328.58 | 2026-08-07 20:00 |
| 2026-08-10 | 330.41 | 330.88 | 2026-08-10 20:00 |
| 2026-08-11 | 332.57 | 332.81 | 2026-08-11 20:00 |
| 2026-08-12 | 327.33 | 327.51 | 2026-08-12 20:00 |
| 2026-08-13 | 339.84 | 339.96 | 2026-08-13 20:00 |
| 2026-08-14 | 342.19 | 342.27 | 2026-08-14 20:00 |
| 2026-08-17 | 339.31 | 339.30 | 2026-08-17 20:00 |
| 2026-08-18 | 336.76 | 336.87 | 2026-08-18 20:00 |
| 2026-08-19 | 350.81 | 351.12 | 2026-08-19 20:00 |
| 2026-08-20 | 344.93 | 345.13 | 2026-08-20 20:00 |
| 2026-08-21 | 363.21 | 362.86 | 2026-08-21 20:00 |
| 2026-08-24 | 349.40 | 348.95 | 2026-08-24 20:00 |
| 2026-08-25 | 350.44 | 350.25 | 2026-08-25 20:00 |
| 2026-08-26 | 345.96 | 345.82 | 2026-08-26 20:00 |
| 2026-08-27 | 354.49 | 354.81 | 2026-08-27 20:00 |
| 2026-08-28 | 348.43 | 348.75 | 2026-08-28 20:00 |
| 2026-08-31 | 368.11 | 367.95 | 2026-08-31 20:00 |
| 2026-09-01 | 356.26 | 356.09 | 2026-09-01 20:00 |
| 2026-09-02 | 356.40 | 357.01 | 2026-09-02 20:00 |
| 2026-09-03 | 376.26 | 376.37 | 2026-09-03 20:00 |
| 2026-09-04 | 353.98 | 354.08 | 2026-09-04 20:00 |
| 2026-09-08 | 367.67 | 368.16 | 2026-09-08 20:00 |
| 2026-09-09 | 367.89 | 367.81 | 2026-09-09 20:00 |
| 2026-09-10 | 363.21 | 363.56 | 2026-09-10 20:00 |
| 2026-09-11 | 365.20 | 365.44 | 2026-09-11 20:00 |
| 2026-09-14 | 358.97 | 358.97 | 2026-09-14 20:00 |
| 2026-09-15 | 356.15 | 356.58 | 2026-09-15 20:00 |
| 2026-09-16 | 357.92 | 358.08 | 2026-09-16 20:00 |
| 2026-09-17 | 366.16 | 366.20 | 2026-09-17 20:00 |
| 2026-09-18 | 364.26 | 364.27 | 2026-09-18 20:00 |
| 2026-09-21 | 375.33 | 375.30 | 2026-09-21 20:00 |
| 2026-09-22 | 378.85 | 378.90 | 2026-09-22 20:00 |
| 2026-09-23 | 379.78 | 380.12 | 2026-09-23 20:00 |
| 2026-09-24 | 378.18 | 377.94 | 2026-09-24 20:00 |
| 2026-09-25 | 372.41 | 372.11 | 2026-09-25 20:00 |
| 2026-09-28 | 357.86 | 357.45 | 2026-09-28 20:00 |
| 2026-09-29 | 352.87 | 352.84 | 2026-09-29 20:00 |
| 2026-09-30 | 354.55 | 354.81 | 2026-09-30 20:00 |
| 2026-10-01 | 354.60 | 354.11 | 2026-10-01 20:00 |
| 2026-10-02 | 370.48 | 370.59 | 2026-10-02 20:00 |
| 2026-10-05 | 378.53 | 378.73 | 2026-10-05 20:00 |
| 2026-10-06 | 380.33 | 380.68 | 2026-10-06 20:00 |
| 2026-10-07 | 377.65 | 377.81 | 2026-10-07 20:00 |
| 2026-10-08 | 374.64 | 375.00 | 2026-10-08 20:00 |
| 2026-10-09 | 382.68 | 382.70 | 2026-10-09 20:00 |
| 2026-10-12 | 377.87 | 378.03 | 2026-10-12 20:00 |
| 2026-10-13 | 375.78 | 375.23 | 2026-10-13 20:00 |
| 2026-10-14 | 366.65 | 367.16 | 2026-10-14 20:00 |
| 2026-10-15 | 362.70 | 362.44 | 2026-10-15 20:00 |
| 2026-10-16 | 354.41 | 354.72 | 2026-10-16 20:00 |
| 2026-10-19 | 368.02 | 368.06 | 2026-10-19 20:00 |
| 2026-10-20 | 373.65 | 373.71 | 2026-10-20 20:00 |
| 2026-10-21 | 386.28 | 386.47 | 2026-10-21 20:00 |
| 2026-10-22 | 376.50 | 374.58 | 2026-10-22 20:00 |
| 2026-10-23 | 372.40 | 372.22 | 2026-10-23 20:00 |
| 2026-10-26 | 391.19 | 391.62 | 2026-10-26 20:00 |
| 2026-10-27 | 406.70 | 407.46 | 2026-10-27 20:00 |
Stock history: Gloria · Retrieved Oct 29, 00:32 UTC. Token history: CoinGecko TSLAx.
Quoted token and share units can have different rights, multipliers and dividend treatment. This is not an executable premium or arbitrage signal.
Tesla delivered a record 480,126 vehicles during the second quarter, beating Wall Street expectations by more than 18% as demand recovered across several international markets.
The electric vehicle maker produced 451,758 vehicles during the period, including 442,936 Model 3 and Model Y vehicles and 8,822 units from its remaining lineup. Deliveries included 467,762 Model 3 and Model Y vehicles and 12,364 other models.
Tesla’s delivery total was about 25% higher than a year earlier and exceeded its company compiled analyst consensus of 406,024 vehicles. Visible Alpha analysts had expected approximately 402,776 deliveries.
Deliveries exceeded production by more than 28,000 vehicles, allowing Tesla to reduce part of the inventory accumulated during the first quarter. Tesla had produced 50,363 more vehicles than it delivered during the first three months of the year.
The stronger quarter was supported by a recovery in Europe, where higher fuel prices, government incentives and increased adoption among corporate fleets contributed to demand. Sales in China also improved following the release of an updated Model Y, while US demand remained under pressure following the expiration of federal electric vehicle tax credits.
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Tesla shares fell nearly 8% on Thursday despite the delivery beat, trading near $392 in afternoon trading. The stock had gained about 12% earlier in the week as investors anticipated stronger results.
Quarterly delivery figures remain central to Tesla’s financial performance even as CEO Elon Musk expands the company’s focus toward autonomous driving, artificial intelligence, energy storage and humanoid robots.
Tesla expects capital spending to exceed $25 billion in 2026, nearly three times the $8.5 billion spent last year. The investment will support artificial intelligence infrastructure, battery production, Cybercab manufacturing and Optimus robot development.
The company deployed 13.5 gigawatt hours of energy storage products during the quarter, below its company compiled consensus estimate of 13.8 gigawatt hours.
Tesla will report its complete second quarter financial results after the market closes on July 22. The earnings release will provide further details on automotive margins, cash flow and the impact of the inventory reduction.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
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