Tesla Q3 2025: 497K Deliveries Beat Estimates as $7,500 Tax Credit Expires, Production Falls 4.8%
Energy storage business deploys record 12.5 GWh while European registrations fall 22.5% amid increased competition from BYD and Volkswagen
Tesla reported 497,099 vehicle deliveries for Q3 2025, up 7% from the same period last year. The delivery numbers came in on the same day the $7,500 federal EV tax credit expired under President Donald Trump’s spending bill passed in July. The quarterly figure beat analyst expectations, with FactSet estimates projecting around 447,600 deliveries.
Production for the quarter reached 447,450 vehicles, down from 469,796 units produced in Q3 2024. The company manufactured 435,826 Model 3 and Model Y vehicles during the period. Tesla’s energy storage business deployed a record 12.5 gigawatt-hours (GWh) of products, including Megapack and Megablock systems. According to Tesla Investor Relations, the company will release full Q3 financial results on October 22.
The quarter saw mixed regional performance. In Europe, European Automobile Manufacturers’ Association (ACEA) data showed Tesla registrations fell 22.5% to 14,831 units in August compared to a year ago, while total EV registrations in the region rose 26.8%. Competition from manufacturers like BYD and Volkswagen increased during this period. The U.S. market saw buyers rush to purchase EVs before the tax credit expiration, partially offsetting the European slowdown.
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Q3 2025 delivery and production data
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Tesla’s Q3 2025 delivery report covered vehicle production at 447,450 units and deliveries at 497,099 units. The company deployed 12.5 GWh of energy storage products during the quarter. Stock performance was discussed, with shares up 40% during Q3 and 14% year-to-date as of the reporting date.
The report outlined regional market conditions, including decreased registrations in Europe and increased U.S. sales ahead of the tax credit expiration. Production of Model 3 and Model Y vehicles was noted at 435,826 units. Financial results for the quarter were scheduled for release on October 22, according to Tesla’s investor relations announcement.
Industry context was provided regarding competitor performance and market dynamics. Data sources included European Automobile Manufacturers’ Association for European registration figures. Additional information on Tesla’s long-term plans and EV policy developments was referenced in related coverage.
Additional Resources
Related information and data sources
Official Reports
Tesla Investor RelationsSEC Filings
Tesla Inc. SEC DocumentsEuropean Data
ACEA Registration StatisticsTax Credit Policy
Federal EV Tax Credit UpdatesMarket Competition
BYD Global Sales AnalysisIndustry Partnerships
VW-Rivian Joint Venture
