Tesla hits 10 million vehicles — but its EV growth has stalled

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The 50% growth that just stoppedFor years, Tesla guided investors toward roughly 50% average annual growth in production and deliveries. Tesla peaked at 1.81 million deliveries in 2023. It was announced today:Produced our 10 millionth Tesla globally at Fremont Factory this week! Only 6 years ago, Fremont Factory made our 1 millionth vehicle pic.twitter.com/ps4H6tFgUQ — Tesla (@Tesla) July 30, 2026Tesla has an explanation for the delay. Tesla delivered 1.636 million cars in 2025 while it had capacity for well over 2 million.