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Tesla’s quarterly sales increased for the first time this year, as consumers rushed to benefit Federal tax credits are valid To buy electric vehicles.
The company said it produced a total of 447,450 cars between July – September of this year, including 435,826 3 -style vehicles and Y, as well as 11624 “other vehicles”, such as the S and Model X and Cyblertruck model. This represents a 5 % decrease compared to the third quarter of 2024, when the company produced 469,796 cars.
Tesla also said that she provided a total of 497,099 cars, including 481,166 3 -modies and Y, as well as 15,933 other vehicles – an increase of 7.4 per cent compared to the third quarter of 2024, when it delivered 462,890 vehicles. (For a direct consumer company like Tesla, delivery operations are a sales agent.)
Tesla was widely expected to have a relatively good quarter thanks to the expiration of the Federal Tax Credit of $ 7500 on September 30. The company handed over about 50,000 vehicles more than its production, which helped reduce its additional stock, which was built for the first half of the year.
Tesla was widely expected to have a relatively good quarter thanks to the expiration of the Federal Tax Credit of $ 7500 on September 30.
But although the US sales have probably helped the company in this quarter, the situation abroad was still very dark. In EuropeTesla decreased by 37 percent so far, compared to the same period in 2024. In ChinaThe company is also in a state of stagnation thanks to the increasing competition from local manufacturers, such as BYD and Geely.
But things are likely to worsen with Tesla after this bright spot. Experts expect that EV sales will significantly decrease in the United States after tax credit disappears. Elon Musk said that the company is in “a few coarse circles” thanks to the expired incentives and other macroeconomic factors. But he believes that Tesla will refresh because artificial intelligence plans have fruits, including robots and human robots. Musk said that 50 percent of the United States population will be able to reach Robotax Tesla By the end of 2025, so far, vehicles are available only in Austin and San Francisco.
The sales report comes in the wake of a proposed new payment package for Musk, which if approved can make it the first trillion in the world. Musk will need to meet a series of ambitious landmarks to receive compensation, including the production of more than a million robots, a million robots, and create $ 7.5 trillion in the value of Tesla shareholders. Tesla will hold a meeting for the shareholders on November 6 to vote on the proposal.
But these transformations are likely to be years away – if they come at all – leaving Tesla to struggle in the current environment with the assortment of aging and the image of the destroyed brand. The company said it is planning to release A cheaper version of its best -selling style,, Which was supposed to enter the production of size in the second half of 2025 – although there is no word there.