Tesla released its Q1 2026 production and delivery results today, confirming 358,023 vehicle deliveries — about 7,600 units below the Wall Street consensus of 365,645 vehicles.

More concerning than the miss itself is the gap between production and deliveries. Tesla produced 408,386 vehicles during the quarter but only delivered 358,023, adding over 50,000 vehicles to inventory in a single quarter.

Tesla (TSLA) has lost another senior leader as Jose del Corral, the automaker’s head of product for customer experience, announced today that he is leaving after almost eight years to join Coinbase.

Del Corral’s departure lands on the same day as yet another Cybercab production leader’s exit, extending a talent drain that has now stripped Tesla of institutional knowledge across virtually every critical function of the business.