Tesla vehicles are parked outside of a dealership on July 24, 2025 in Austin, Texas.
Tesla reported quarterly vehicle deliveries of 497,099 for the period ended Sept. 30, which coincided with the expiration of a key tax credit for buyers of electric vehicles in the U.S.
Here are the key numbers:
Total deliveries Q3 2025: 497,099
Total production Q3 2025: 447,450
Shares climbed just over 1% following the report. Tesla plans to update investors on its third-quarter financial results on Oct. 22.
Deliveries were up 7% over the year prior, when the company reported 462,890 total deliveries. Tesla saw a decline in production this quarter compared to the 469,796 vehicles produced in the third quarter of 2024.
The Elon Musk-led company was expected to report around 447,600 deliveries, according to estimates compiled by FactSet. In the same period a year ago, Tesla reported 462,890 deliveries and production of 469,796 vehicles.
An independent 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 said analysts were expecting 443,079 deliveries.