Tesla Delivers More Cars Than Expected Despite Production Dip
Tesla has announced its quarterly earnings for the third quarter of 2025. Despite a slight dip in production, the electric vehicle giant has exceeded delivery expectations, driving its TSLA stock price up.
Tesla produced 447,450 vehicles in the third quarter, a decrease from last year's 469,796 units. However, the company delivered 497,099 cars, surpassing analyst predictions of 456,000 vehicles. This 7% increase in deliveries from the same period last year demonstrates strong demand for Tesla's offerings.
The majority of these deliveries consisted of Models 3 and Y, with a combined total of 435,826 units. Despite a decline in European sales due to boycott calls against Elon Musk and increased competition from Volkswagen and BYD, Tesla's TSLA stock is up around three percent ahead of the Wall Street trading start. It is now heading back towards its record high of $488.54.
Tesla will publish its full Q3 figures on October 23, following the positive reception of its preliminary delivery numbers. Despite minor production fluctuations, the company's strong delivery performance has reassured investors and maintained Tesla's position as a market leader in electric vehicles.
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