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Tesla beats delivery estimates before EV tax credit ends

Tesla delivered 497,099 vehicles in Q3 2025, beating analyst estimates of 443,919 and up 7.4% from a year ago.

The boost was driven by US buyers seeking to take advantage of a US$7,500 federal EV tax credit, which ended on September 30, 2025.

Tesla’s Model 3 and Model Y accounted for 481,166 of the deliveries in the quarter.

However, sales in Europe and the UK dropped 22.5% year-on-year, cutting Tesla’s market share in the region to 1.5%, as local rivals and Chinese brands gained ground.

🔗 Source: Reuters

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