Last Updated on: 2nd July 2025, 12:25 pm
As expected, earlier today Tesla reported an impressive total of 384,000 EVs delivered around the world for Q2 of 2025, though the celebratory mood was somewhat tempered by a sharp downslide compared to the numbers for the same quarter last year. Oopsies…
Don’t Hold Your Breath For That Final Report
Those of you waiting for a full Q2 report from Tesla can relax and begin breathing normally. Although lots of media attention has been focused on July 2, the company’s Investor Relations office advises that the financial results won’t be posted until late in the day on Wednesday, July 25, after the markets close. “At that time, Tesla will issue a brief advisory containing a link to the Q2 2025 update, which will be available on Tesla’s Investor Relations website,” the company explains.
For those of you interested, on the 23rd, Tesla management will conduct a live Q&A at 5:30 pm Eastern Time “to discuss the Company’s financial and business results and outlook.”
In the meantime, Investor Relations posted Tesla’s Q2 production and delivery figures this morning.
For Model 3/Y, Tesla counts 396,835 produced and 373,728 delivered, with 2% falling into the operating lease accounting category.
All other models combined hit a total of 13,409 produced and 10,394 delivered, with 7% under lease accounting.
The overall total of 384,000 is not particularly bad as a standalone figure, but it reflects badly upon Tesla’s own expectations. In widely reported remarks at a shareholder meeting last October, Tesla CEO Elon Musk assessed that the company would see its sales increase in the range of 30% for 2025. That’s not the same as what just happened. The Q2 results were down significantly from the same quarter last year, in which Tesla reported 444,000 deliveries.
GM Is Catching Up To Tesla In The US
Despite its steep and well-documented downward sales trajectory in recent months, Tesla continues to dominate EV sales in some markets including the US (see lots more EV sales background here). However, that may not last much longer.
Last year, General Motors seized the opportunity to proudly tout itself as the #2 EV maker in the US market. GM has a long way to go, but it is eager to close the gap. “Driven by our broad portfolio of 13 EVs from Chevrolet, Cadillac, and GMC, GM has solidified its position as the #2 seller of EVs in the U.S., with more than 62,000 EVs sold in the U.S. year to date through May,” GM reported on June 9, in anticipation of its Q2 report on July 1.
In a rather sideways poke at Tesla’s much-maligned Cybertruck, GM also took particular note of its lineup of “highly capable full-size trucks,” including the Chevrolet Silverado EV.
GM posted its Q2 results as planned on July 1. Emphasizing that “our EVs continue to grow faster than the industry,” GM racked up an EV sales increase of more than 100% for the quarter. “During the quarter, Chevrolet became the best-selling EV brand,” GM added. “Cadillac is the luxury EV market share leader in Q2, and had its best retail market share since 2014.”
Tesla Semi To The Rescue, Or Not
Although somewhat distracted by his former role as head of President Trump’s “DOGE” budget-cutting office earlier this year, Musk left the White House in May just in time to see the rollout of his Robotaxi service, which did not go over quite as well as planned.
The soft (to put it kindly) Robotaxi launch follows a disappointing sales record for the Tesla Cybertruck, so it’s unclear how Musk expects to send the company’s sales back into recovery mode.
The next vehicle to come down the line is much-hyped but much-delayed Tesla Semi Class 8 truck. Unveiled in 2019 to much fanfare, the truck has yet to go into full volume production. That step is anticipated before the end of this year, which is just around the corner.
However, in the meantime other electric truck makers have already launched zero emission Class 8 trucks into the market, so it remains to be seen if Musk can convince truck buyers to choose the Tesla brand over all others.
Image (cropped): Tesla is banking on the electric Tesla Semi class 8 heavy duty truck to help breath new life into the company’s EV sales after disappointing results for Q2 (courtesy of Tesla Investor Relations).
Sign up for CleanTechnica’s Weekly Substack for Zach and Scott’s in-depth analyses and high level summaries, sign up for our daily newsletter, and follow us on Google News!
Whether you have solar power or not, please complete our latest solar power survey.
[embedded content] [embedded content]
Have a tip for CleanTechnica? Want to advertise? Want to suggest a guest for our CleanTech Talk podcast? Contact us here.
Sign up for our daily newsletter for 15 new cleantech stories a day. Or sign up for our weekly one on top stories of the week if daily is too frequent.
Advertisement
CleanTechnica uses affiliate links. See our policy here.
CleanTechnica’s Comment Policy
Share this story!