Tesla’s quarterly sales increased for the first time this year, as consumers rushed to cash in on expiring federal tax credits for electric vehicle purchases. Tesla was widely expected to have a relatively good quarter thanks to expiration of the $7,500 federal EV tax credit on September 30th. The company delivered around 50,000 more vehicles than its produced, helping reduce its extra inventory that’s been building up for the first half of the year. But while US sales likely helped buoy the company this quarter, the situation overseas was still looking pretty grim. In Europe, Tesla is down 37 percent year to date, compared to the same period in 2024. In China, the company is also in a slump thanks to rising competition from domestic manufacturers, like BYD and Geely. Read more: [https://www.theverge.com/news/790046/tesla-q3-2025-sales-production-delivery](https://www.theverge.com/news/790046/tesla-q3-2025-sales-production-delivery)
I have noticed that when the protests largely stopped, people started showing up with new Teslas in my neighborhood again. Not Cybertrucks though. That's clearly a bomb even with Republicans.
They are finished in Europe though, they will be lucky to sell 80k cars here next year.
>15,933 other vehicles I see the Incel Camino is selling well...
Think most automakers who sell EV’s were going to have a better quarter here because of the expiring credits.
Some fks still buys them, a close friend of mine just bought 2 new Y’s, one for the wife and one for him
Over 70% of Tesla 'sales' are actually leases through Tesla. Without the $7500, the model 3 & Y payments have basically doubled from Monday to Today on the Tesla website. The Model 3 was $299 for 24 months with $1000 down Monday. Today it's $624 with the same terms. Tesla is toast...
That's how it seems to me. Surely anyone wanting to buy a Tesla in the US has now bought one. What with sales having tanked elsewhere, FSD progress stalled\*, which renders robotaxi a joke, plus Optimus a hopeless pipe-dream, etc., can they keep earnings positive? Are they in fact now loss-making, and likely to remain so? \* Go browse r/TeslaFSD \- seems to be getting worse if anything!
Calls then?
Bullish, not having sales means lower operating cost.
Well, that’s stupid on many levels
The toast of the town, perhaps. This post alone lifts the stock price 1%
Anyone buying Teslas at this point are fks for sure. Guess strengthening oligarchy and fascism aren’t strong enough to avoid a 299 dollar lease.
“Surely anyone wanting to buy a Tesla in the US has one now” Someone should tell that to Asian people in the metro Detroit area
But what if you SUPPORT oligarchy and fascism? A surprising amount of people do!
It's because they are cheap. There's a lot of people who don't care about politics and just want a good deal.
Then it’s a great buy! Maybe buy 4 of them!
They really blew out Q3 '23 and Q3 '24 numbers; surprising literally no one. Of course, as we know much of that is due to pull forward from the ending of the tax credit on 9/30/2025, and Q4 is setting up to potentially decline to 2021 numbers or worse. Real quick... their model S/X/Cybertruck production declined by 55% in Q3 y/y, with sales declining 30% y/y. They did report 12.5 GWh of battery storage capacity in Q3. Wouldn't we all love to to know where they installed all of that capacity as there's been little news released about that level of new storage projects going live? We have to remember that when Tesla has excess cell supply, they tend to throw it into storage and sell it on the cheap so as to avoid building battery cell inventory from their enormous 3rd party cell orders. They could have used cybertrucks to offload excess cells, but alas... those have been selling like crap. With their vehicle sales being so far behind where they were claiming they'd be by this year, they really have no choice but to offload cells through other means. Monthly and quarterly vehicle sales numbers are down in China and Europe y/y. We'll have to wait to see September sales in Germany, but while they did see some nations with small increases in deliveries in September y/y, others were down significantly, and overall sales have been down in Q3. With all of the recent talk of Tesla surging production at all their plants, their production was actually down 4.75% versus Q3 last year, and there's already talk of idling production at their Austin plant in the first week of the quarter... Does that scream confidence to anybody? They absolutely did sell down a lot of inventory, about 50k units in one quarter (yeah, they had **A LOT** of inventory built up), but the fact remains, if they reduced production in Q3, then they can't very well be expected to increase future sales with a reduction in supply available to sell. Tesla clearly realizes their demand will take a hit, which is why they reduced production in the quarter versus last year. No one expects them to see a good sales quarter in Q4, and likely not in H1 next year. Therefore, their guidance for upcoming quarters should be pretty shitty. It is possible that in Q3 Tesla did what Ford and GM did, and bought up a bunch of their own vehicles (Ford/GM used dealerships to do it) in order to lock in the tax credit, and pass those savings onto customers in Q4... Tesla is the king of the tax loophole afterall... but I haven't seen any notice of that, and I'm not sure how that would impact Tesla's delivery numbers. Since Q3 delivery numbers seem to be down in China y/y, and potentially down overall in Europe, then the lion's share of the 34k additional Q3 sales y/y would have taken place in the US. It would have been over 34k sales in the US because of the declines elsewhere. With the tax credit gone in the US, Tesla has two choices. Retain production and sales levels in the US by drastically reducing MSRPs, or cut production and retain higher MSRPs... but take a loss through reduced economies of scale... or a combination of the two. Neither option is good, and OEMs typically go with discounting and retaining high volumes, versus the alternative. We're already seeing other OEMs heavily discounting to account for the lost tax credit. Either way, demand pull forward into Q3 will hurt Tesla's next 1-3 quarters. Tesla's sales are still down 75k YTD y/y through Q3.... or about 5.8%. Certainly better than the 13.5% they were down through Q2... but given the huge sales pull forward into Q3 and loss of tax credits which could temporarily lead to higher MSRPs, I would expect Tesla to experience one of the worst Q4s they've seen since potentially 2021. I would not be shocked to see them sell close to or even less than 400k units in Q4. That would put them at 1.618 million sales in 2025, a decline of 9.57% y/y, and nowhere close to what they were previously guiding of 3.8 million car sales in 2025. (The whole 2020-2030 50% CAGR lie that they were pushing between 2021 to 2023) Not exactly the rapid growth company they've been claiming to be, eh? I'd estimate that about $100 billion of Tesla's stock is linked to their car and energy division, with the other $1.3 trillion tied to obscenely high valuation claims about their vaporware products; autonomous taxis and humanoid robots. While vehicles 'should' matter to their share price... they generally don't.
A 3-4 year old car is cheaper. Much cheaper. Or just buying a single car instead of two identical ones.
The stock is down. Quick, someone create bad Tesla news so the stock can go up Burn a factory down, defraud investors, something!!
I decided to lease an ioniq5 the terms were amazing. The car is great so far. Never buying Tesla until they fire musk and get focused again.
Sales with steep discounts A fire sale isn't a mark of excellence
I expect they got their orders in by September 30 though.
Amazing how many people you can get to buy cars when the government pays for a massive chunk of it. Fuck EV subsides… the tax payers should’ve never foot the bill for all these assholes buying a Tesla.
AND the ev credit expiring. And only 6% YoY with all of that. Maybe their peak quarter...
That's why the stock is down. Investors realize this is the last breath.
Damn right! And less chance of a negative shock going forward. Expectations on the floor means no hype disruption. Ever. LFG!!
A 3-4 year old car doesn't come with a 3 year warranty. Lots of people are happy to pay a couple of hundred a month for a brand new car with a warranty. I'm not defending buying a Tesla by the way.
Yeah sales will tank without the credit. A car like a brand new Y is worth $35K tops.
Yeah its all speculation, not the news.
Self reported
Good can't wait til this junkie nazi car brand fails
Apparently Tesla sold a bunch of Cybertrucks to Space X and Xai, while they could claim not only the credit but a tax reduction for companies buying electric vehicles. So not so much buying their own vehicles, but not a million miles away.
The fsd Reddit has a lot of positive reception ATM. There was also a newly released version
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