Tesla reaches 10 million vehicles but its EV growth has stalled
Tesla announced this week the production of its 10 millionth vehicle, a milestone unmatched by any other electric car manufacturer. However, this achievement arrives later than expected and coincides with a slowdown in growth. After peaking at 1.81 million deliveries in 2023, Tesla reported two consecutive years of decline, delivering 1.636 million vehicles in 2025, down 9% year-over-year. Installed capacity exceeds 2.375 million units annually, but current production is around 1.8 million for 2026, showing significant underutilization. The delay in launching a second wave of more affordable m
- Tesla produced its 10 millionth vehicle at Fremont factory in 2026
- Installed annual capacity exceeds 2.375 million; actual production 1.8 million in 2026
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