Tesla automobiles are parked exterior of a dealership on July 24, 2025 in Austin, Texas.
Brandon Bell | Getty Pictures
Tesla reported quarterly automobile deliveries up 7% over the yr prior for the interval ended Tuesday, the identical day {that a} key tax credit score for consumers of electrical automobiles within the U.S. expired.
Listed here are the important thing numbers:
- Complete deliveries Q3 2025: 497,099
- Complete manufacturing Q3 2025: 447,450
Shares sank Thursday following the report. Tesla plans to replace traders on its third-quarter monetary outcomes on Oct. 22.
The corporate reported 462,890 whole deliveries within the third quarter of 2024. Tesla noticed a decline in manufacturing this quarter in comparison with the 469,796 automobiles produced final yr.
The Elon Musk-led firm was anticipated to report round 447,600 deliveries, in line with estimates compiled by FactSet.
An impartial researcher who publishes as Troy Teslike on Patreon predicted 481,000 deliveries for the quarter. Tesla distributed a company-compiled consensus on Sept. 26, which mentioned analysts have been anticipating 443,079 deliveries.
The corporate does not escape gross sales and manufacturing by mannequin or area. Nevertheless, Tesla mentioned it produced 435,826 of its hottest Mannequin 3 and Mannequin Y automobiles. Deliveries are the closest approximation of car gross sales reported by Tesla however are usually not exactly outlined within the firm’s shareholder communications.
Tesla’s third quarter was hampered by a unbroken gross sales stoop in Europe pushed partly by client backlash towards Musk and his incendiary political rhetoric and activism, as nicely by competitors from EV makers like Volkswagen and BYD, that are selecting up market share.
The slowdown in Europe was partially offset within the U.S., the place consumers rushed to buy EVs forward of the expiration of a federal tax credit score, which ended as a part of President Donald Trump’s spending invoice handed in July.
Earlier this week, Ford mentioned gross sales of its all-electric automobiles elevated by 30.2% in the course of the interval to assist it notch a recent quarterly document of greater than 30,600 models, nonetheless lagging far behind Tesla.
Tesla’s inventory worth has been on a tear of late, leaping 40% within the third quarter and turning constructive for the yr following a brutal first three months of 2025. As of Wednesday’s shut, the inventory is up 14% this yr, in comparison with the Nasdaq’s 18% acquire.
Within the second quarter, Tesla reported 384,122 deliveries, a 14% year-over-year decline and the second straight quarterly drop.
In Tesla’s power enterprise, the corporate mentioned it deployed 12.5 GWh of its storage merchandise, together with its Megapack and new Megablock methods, that are backup batteries that retailer power alongside companies or utility-scale amenities.
Musk’s xAI has been a giant purchaser of Tesla’s battery power storage methods in latest quarters.
Tesla’s Megapacks usually retailer electrical energy produced by renewable sources, like wind generators or photo voltaic panels, for later use. They’ll additionally retailer electrical energy produced throughout lower-demand intervals for use throughout peak hours, serving to defray a few of the prices.
The corporate mentioned it deployed 9.6 GWh of power storage merchandise within the second quarter of 2025, and 6.9 GWh of power storage merchandise in the course of the third quarter of final yr.
WATCH: U.S. EV tax credit score ending will probably be long-term win for Tesla
