Tesla Stock Jumps on Record Q3 Deliveries
Electric vehicle maker delivers nearly 500,000 cars, beating Wall Street estimates as buyers rushed to claim expiring federal tax credits.
Tesla Inc. (NASDAQ: TSLA) shares climbed more than 3% after the company announced it had delivered a record 497,099 vehicles in the third quarter of 2025, handily beating analyst expectations and fueling a surge in investor optimism.
The electric vehicle giant's performance was largely driven by strong demand for its Model 3 and Model Y vehicles, which accounted for 481,166 of the total deliveries. The impressive results mark a significant achievement for the company, continuing its recent uptrend and pushing the stock price higher on trading volume 1.5 times its daily average.
Market analysts suggest the robust sales figures were significantly boosted by a rush of U.S. consumers looking to capitalize on the before it expired at the end of September. This pull-forward in demand helped Tesla comfortably surpass consensus estimates, which hovered around the 440,000-vehicle mark.
In a statement released early Wednesday, , which also included a new high for energy storage deployments. The report sent the stock climbing in pre-market trading, with shares trading well above their 50-day and 200-day moving averages, a bullish signal for market technicians.
While the delivery numbers were met with enthusiasm, some on Wall Street remain cautious. The primary question is whether this growth momentum can be sustained into 2026 without the tax credit incentive. on the company's upcoming earnings call, scheduled for October 22, for guidance on future delivery growth and insight into profit margins. The long-term valuation of the company, which now exceeds $1.4 trillion, hinges on its ability to deliver on promises of autonomous driving and expanded energy solutions.