October 2, 2025 – Tesla shares climbed about 3% in premarket trading on Thursday after the electric vehicle maker announced it had surpassed Wall Street’s forecasts for third-quarter deliveries.
The company reported a record 497,099 vehicle deliveries for the quarter, according to figures released Thursday. This figure significantly outpaced the Bloomberg-compiled consensus estimate, which had projected 439,600 vehicles. The strong performance signals robust demand for its electric vehicles despite a competitive market.
While deliveries saw a significant beat, production figures were slightly more subdued. Tesla produced 447,450 vehicles in the same period, coming in just under the 450,313 anticipated by Bloomberg analysts. This represents a 4.8% decrease in production compared to the same quarter last year.
However, for investors, the focus remained on the growth in customer handovers. The record delivery numbers marked a 7.4% increase from the same period a year earlier, underscoring the company’s continued expansion and ability to scale its sales operations globally. The positive investor reaction in premarket hours reflects optimism about the company’s growth trajectory.
