EV makers Tesla and Rivian released production and delivery results for the most recent quarter ending June 30.
Tesla said it delivered 384,122 vehicles and produced 410,244 units in the second quarter of 2025.
Of the total vehicles produced, 396,835 were Model 3 and Model Y units, reaffirming the lineup's dominant share in Tesla’s portfolio. Deliveries followed suit, with 373,728 Model 3 and Model Y vehicles reaching customers, while the remaining 10,394 consisted of other models, including the Cybertruck and Model S/X.
Tesla will announce its full Q2 2025 earnings after the market closes on July 23. Investors are expected to raise questions about Tesla’s global ramp of the updated Model Y, particularly across the U.S., China and Germany. Other likely topics include progress on Full Self-Driving (FSD) expansion in markets beyond the U.S. and China, updates on the long-teased affordable vehicle platform, and developments in the Robotaxi initiative.
Rivian said it produced 5,979 vehicles at its Normal, IL, manufacturing facility and delivered 10,661 vehicles. Production was intentionally limited during the period due to retooling efforts for its upcoming 2026 model year vehicles, expected to launch later in July.
Despite the reduced output, Rivian said these results remain consistent with its projections. The company also reaffirmed its annual delivery guidance of 40,000 to 46,000 vehicles in 2025.
Adding to the quarter’s developments, Rivian confirmed a significant investment from Volkswagen Group. On June 30, the company received a $1 billion equity investment from Volkswagen, part of a larger $5.8 billion partnership agreement between Rivian and Volkswagen Group for a technology-focused joint venture.
Rivian is set to report its full Q2 2025 financial results on Aug. 5, after market close.
