Summary
• Tesla shares decline by 1.1% to $444.95 during intraday trading.
• Fourth quarter production reached over 434,000 vehicles, with 418,000 deliveries reported.
• Analysts maintain “Hold” ratings, signaling cautious optimism amid muted market response.
Tesla shares are experiencing a decline, trading at $444.95, representing a decrease of 1.1% during intraday trading. This session marks a downshift from an estimated prior close, reflecting some volatility in the market. The recent report detailing production and deliveries has not provided a substantial upward impetus.
Fourth Quarter Production and Deliveries Report
In a press release this morning, Tesla reported production figures for the fourth quarter of 2025. The company produced over 434,000 vehicles and delivered 418,000, alongside deploying 14.2 GWh of energy storage products, marking a record in deployments. Despite achieving these numbers, the response from the market has been muted, as the production numbers align closely with previous expectations rather than exceeding them significantly.
The report indicated a breakdown of production and deliveries by model, with Model 3 production at 422,652 units and deliveries at 406,585. Other models totaled 11,706 produced and 11,642 delivered. The overall metrics show slight year-over-year improvements of about 3% in total figures compared to the previous quarter.
Analyst Ratings and Market Sentiment
Despite the production update, Tesla holds a current analyst rating of “Hold,” with recent evaluations reflecting a cautious optimism but no overwhelming bullish sentiment. Ben Kallo from Baird and George Gianarikas from Canaccord Genuity both maintained their prior ratings, with price targets of $548 and $551, respectively. This consistency in ratings suggests that analysts see value in the stock but prefer to wait for more definitive performance improvements before making aggressive moves.
Market and Technical Picture
Tesla’s current price reflects a decline relative to its short-term moving averages, with a 20-day SMA showing a decrease of 3.2% and the 50-day SMA indicating growth of 1.0%. The stock has seen a mixed performance recently, with a quarterly increase of 1.1%, overshadowed by a more pronounced year-to-date increase of 11.4%. Volatility metrics indicate a weekly ATR of 16.26, pointing to fluctuations in daily trading.
Currently, with an average volume of approximately 31.4 million shares traded in this session compared to a 10-day average of 54.8 million, Tesla continues to signal active trading behavior. The 52-week high remains notably above current levels, showcasing a breadth of potential movement for the stock.
Outlook
As Tesla navigates the aftermath of its most recent production announcements, the stock’s interplay of supply figures and analyst ratings will play a crucial role in defining its near-term trajectory. With a relatively stable performance across recent quarters, investors will be looking closely at upcoming developments to gauge the sustainability of Tesla’s growth.