Tesla Q3 Deliveries 497,099, Production 447,450

Tesla reported 497,099 vehicle deliveries in Q3 2025, a roughly 7% year‑over‑year increase that beat Wall Street expectations. The surge was driven largely by U.S. buyers rushing to claim the $7,500 federal EV tax credit before it expired on Sept. 30, and it also lifted rivals’ sales. Production fell to about 447,450 vehicles (around a 5% decline), meaning Tesla delivered roughly 50,000 more cars than it produced and trimmed excess inventory. Analysts warned the boost may be temporary and could depress demand in future months now that the incentive has ended. The company continues to face political backlash and intensifying global competition, particularly from Chinese automakers like BYD, and investors reacted with mixed enthusiasm.