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Tesla automobiles are parked exterior of a dealership on July 24, 2025 in Austin, Texas.
Brandon Bell | Getty Photographs
Tesla reported quarterly automobile deliveries up 7% over the 12 months prior for the interval ended Tuesday, the identical day {that a} key tax credit score for patrons of electrical automobiles within the U.S. expired.
Listed below are the important thing numbers:
- Whole deliveries Q3 2025: 497,099
- Whole 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 12 months.
The Elon Musk-led firm was anticipated to report round 447,600 deliveries, in accordance 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 stated analysts had been anticipating 443,079 deliveries.
The corporate would not escape gross sales and manufacturing by mannequin or area. Nonetheless, Tesla stated it produced 435,826 of its hottest Mannequin 3 and Mannequin Y automobiles. Deliveries are the closest approximation of auto 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 hunch 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 patrons 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 stated gross sales of its all-electric automobiles 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 optimistic for the 12 months following a brutal first three months of 2025. As of Wednesday’s shut, the inventory is up 14% this 12 months, in comparison with the Nasdaq’s 18% achieve.
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 stated it deployed 12.5 GWh of its storage merchandise, together with its Megapack and new Megablock techniques, that are backup batteries that retailer power alongside companies or utility-scale services.
Musk’s xAI has been an enormous purchaser of Tesla’s battery power 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’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 stated it deployed 9.6 GWh of power storage merchandise within the second quarter of 2025, and 6.9 GWh of power storage merchandise through the third quarter of final 12 months.
WATCH: U.S. EV tax credit score ending shall be long-term win for Tesla
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