Tesla autos are parked exterior of a dealership on July 24, 2025 in Austin, Texas.
Brandon Bell | Getty Photos
Tesla reported quarterly car deliveries up 7% over the yr prior for the interval ended Tuesday, the identical day {that a} key tax credit for consumers of electrical autos within the U.S. expired.
Listed below are the important thing numbers:
- Complete deliveries Q3 2025: 497,099
- Complete manufacturing Q3 2025: 447,450
Shares dipped by greater than 3% 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 autos produced final yr.
The Elon Musk-led firm was anticipated to report round 447,600 deliveries, based on 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 stated analysts have been anticipating 443,079 deliveries.
The corporate does not escape gross sales and manufacturing by mannequin or area. Nevertheless, Tesla stated it produced 435,826 of its hottest Model 3 and Model Y cars. Deliveries are the closest approximation of car gross sales reported by Tesla however should not exactly outlined within the firm’s shareholder communications.
Tesla’s third quarter was hampered by a continuing sales slump in Europe pushed partly by shopper backlash in opposition to Musk and his incendiary political rhetoric and activism, as effectively by competitors from EV makers like Volkswagen and BYD, that are choosing up market share.
12 months-to-date, Tesla’s deliveries stood round 1.2 million, down about 6% in comparison with the primary three quarters of 2024.
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 bill handed in July.
Earlier this week, Ford stated gross sales of its all-electric autos elevated by 30.2% through the interval to assist it notch a contemporary quarterly document of greater than 30,600 items, nonetheless lagging far behind Tesla.
Tesla’s inventory worth has been on a tear of late, leaping 40% within the third quarter and turning positive for the yr following a brutal first three months of 2025. As of Wednesday’s shut, the inventory was 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 vitality enterprise, the corporate stated it deployed 12.5 GWh of its storage merchandise, together with its Megapack and new Megablock techniques, that are backup batteries that retailer vitality alongside companies or utility-scale amenities.
Musk’s xAI has been a giant purchaser of Tesla’s battery vitality storage techniques in current quarters.
Tesla’s Megapacks typically retailer electrical energy produced by renewable sources, like wind generators or photo voltaic panels, for later use. They will additionally retailer electrical energy produced throughout lower-demand intervals for use throughout peak hours, serving to defray a few of the prices.
The corporate stated it deployed 9.6 GWh of vitality storage merchandise within the second quarter of 2025, and 6.9 GWh of vitality storage merchandise through the third quarter of final yr.
WATCH: U.S. EV tax credit ending will be long-term win for Tesla
