Tesla Reports Record Unsold EV Inventory and 40% Drop in Energy Storage Growth
Tesla reported a record number of unsold electric vehicles and a 40% decline in its fastest-growing energy storage business. The company built 408,386 vehicles in Q1 2026 but only delivered 358,023, leaving 50,363 unsold. The energy storage unit, which had previously seen strong growth, saw a significant drop in deployed gigawatt-hours.
Tickers: $TSLA
Topics: EV market financial results inventory buildup production vs delivery Tesla