Cybertruck sales in free fall as Tesla reports mediocre sales for Q3

Ars Technica News

Summary

Tesla reported Q3 2026 sales of 486,532 EVs, a 2.1% year-over-year decline that still beat analyst expectations, while Cybertruck and other non-3/Y models saw sales fall nearly 48%. Production rose slightly and energy storage deployments grew 9.6%, with full financial results due October 21.

<p>Tesla sold 486,532 electric vehicles during the third quarter of 2026. That’s a 2.1 percent decrease on the same quarter in 2025, when the company found homes for 497,099 EVs, and one might think that would be bad news for a company valued on the premise of near-constant growth.</p> <p>But Tesla stock is up this morning; the year-over-year numbers might look bad, but the company still exceeded analysts’ expectations of 456,600 cars, which would have been a larger 8 percent year-on-year decline</p> <p>Total production at Tesla actually increased year over year; it built 464,391 vehicles—a 3.7 percent increase—457,387 of which were Models 3 and Y (a 4.9 percent increase year over year). The remaining 7,004 were other models, mostly Cybertrucks, with presumably some Semis and Cybercabs, as the Models S and X are now retired; this category saw a 39.8 percent decrease year over year.</p><p><a href="https://arstechnica.com/cars/2026/10/tesla-sales-drop-2-percent-in-underwhelming-q3-2026/">Read full article</a></p> <p><a href="https://arstechnica.com/cars/2026/10/tesla-sales-drop-2-percent-in-underwhelming-q3-2026/#comments">Comments</a></p>
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# Cybertruck sales in free fall as Tesla reports mediocre sales for Q3 Source: [https://arstechnica.com/cars/2026/10/tesla-sales-drop-2-percent-in-underwhelming-q3-2026/](https://arstechnica.com/cars/2026/10/tesla-sales-drop-2-percent-in-underwhelming-q3-2026/) Tesla sold 486,532 electric vehicles during the third quarter of 2026\. That’s a 2\.1 percent decrease on the same quarter in 2025, when the company found homes for 497,099 EVs, and one might think that would be bad news for a company valued on the premise of near\-constant growth\. But Tesla stock is up this morning; the year\-over\-year numbers might look bad, but the company still exceeded analysts’ expectations of 456,600 cars, which would have been a larger 8 percent year\-on\-year decline Total production at Tesla actually increased year over year; it built 464,391 vehicles—a 3\.7 percent increase—457,387 of which were Models 3 and Y \(a 4\.9 percent increase year over year\)\. The remaining 7,004 were other models, mostly Cybertrucks, with presumably some Semis and Cybercabs, as the Models S and X are now retired; this category saw a 39\.8 percent decrease year over year\. But the company couldn’t sell all the cars it made in Q3\. It was able to sell 478,237 Models 3 and Y, a 0\.6 percent decrease compared to Q3 2025\. The decline in other models was severe, dropping by 48 percent to 8,295 units in total\. However, Tesla’s energy storage business had a much better three months\. Between the beginning of July and the end of September, Tesla deployed 13\.7 GWh of energy storage products, a 9\.6 percent year\-over\-year increase\. Tesla will publish its Q3 financial results on October 21\.

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