Musk reports Tesla sales jump after months of boycotts, but experts suspect the pain is not over yet
Tesla sold a record 497,099 vehicles worldwide in Q3, a 7% increase driven by U.S. buyers rushing to use the $7,500 federal electric vehicle tax credit before it expired.
- On Thursday, Tesla reported car sales rose 7% in the three months through September, delivering 497,099 vehicles and marking its first year-over-year gain this year.
- Driven by an industrywide lift, the surge benefited from a U.S. federal $7,500 tax credit boost as rivals like Rivian Automotive also posted strong gains.
- Wall Street had expected about 456,000 deliveries, but Tesla exceeded forecasts with 481,166 Model 3 and Model Y deliveries in the third quarter.
- Investors cheered at first yet analysts warned, as Tesla shares slid to $446 in early afternoon trading after the sales report.
- Tesla faces near-term scrutiny ahead of its October 22 earnings report as experts warn pre-credit sales may depress demand and analysts say a cheaper Model Y variant is crucial.
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37 Articles
Tesla reports that it delivered 497,099 vehicles in the third quarter of the year, 7% more than in the same period of 2024.
The electric vehicle manufacturer Tesla recorded in the third quarter of 2025 an increase in sales of 7% compared to the previous year, above expectations.Read more]]>
Tesla shocks Wall Street with nearly 500K deliveries as buyers rushed to lock in tax credit
Tesla's third-quarter deliveries trounced Wall Street estimates on Thursday, powered by an unusual sales boost from US EV buyers rushing to lock in popular tax credits before their expiration at the end of September.
American electric car manufacturer Tesla increased its sales by 7.4 percent year-on-year in the third quarter to a record 497,099 cars. The company increased sales by 7.4 percent year-on-year. The results significantly exceeded analysts' estimates, which estimated sales at 444,000 cars.
In the third quarter, the manufacturer of electric vehicles recorded an increase of 7% over one year, after a sharp fall in the second quarter.
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