US EditionTesla set for strong quarter fueled by rush to get expiring US EV tax credits
Tesla delivered a record 497,099 vehicles in Q3 2025 as US federal electric vehicle tax credits expired, driving a 4.7% revenue increase after two years of decline.
- Earlier this month, consumers accelerated Tesla purchases ahead of expiring US federal electric vehicle tax credits, helping Tesla report record third-quarter deliveries of 497,099 vehicles.
- Tied to President Donald Trump's spending bill, the tax-credit end prompted buyers to pull purchases forward, while Elon Musk, Tesla CEO, and Vaibhav Taneja, Tesla finance chief, warned about tariffs and credit expiration on the July earnings call.
- In the second quarter, Tesla reported $16.7 billion in automotive revenue, including $439 million from auto regulatory credits, while LSEG expects $26.3 billion in revenue.
- Early projections show fourth-quarter revenue could drop 1.2% according to LSEG, while analysts at Cantor Fitzgerald will focus on Tesla CEO Elon Musk's updates and catalysts including Cybercab and Optimus humanoid robots.
- Researchers revised U.S. light-vehicle sales up about 2% to 16.1 million for 2025, while S&P Global said demand headwinds persist amid slowing disposable income growth and consumer pessimism.
33 Articles
33 Articles
Tesla reports sales up, but profits down
Tesla sold a record number of cars in Q3 2025, but still saw profits drop by 37% year-on-year as high spending, tariffs, and an end to US subsidies hit its margins. US consumers raced to buy EVs before tax credits ended on Sept. 30, meaning Tesla sold an unprecedented 497,099 units worldwide. But the trade war has made vital components more expensive, and changes to US law mean Tesla can no longer sell emissions credits to more polluting rivals.…
Elon Musk’s Tesla disappoints investors despite record sales as profit dented by higher costs, fading credits
Tesla reported record third-quarter revenue that beat Wall Street estimates on Wednesday, driven by the highest quarterly sales of its electric vehicles as US buyers rushed to lock in a key tax credit ahead of its expiration last month.
Tesla reports record sales, record storage—but profit slips as tax-credit rush pulls demand forward
Tesla posted all-time highs in vehicle deliveries and energy storage deployments in Q3, lifting revenue, but compressed automotive margins and a pull-forward surge before U.S. EV tax credits expired weighed on earnings and set up a tougher Q4 demand backdrop.
Elon Musk's Tesla posts major earnings drop despite record sales
Tesla reported a quarterly revenue record overnight, but earnings still managed to miss analyst forecasts and fall from a year ago.The company earned adjusted income of $US1.8 billion ($2.77 billion) in the third quarter, down 29 per cent from a year ago. Despite the earnings miss, it was still the company's best quarter so far this year.The drop in earnings came even after Tesla reported record sales of nearly 500,000 cars during the quarter, a…
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