Tesla's car business back on growth path as deliveries beat forecasts
TSLA•Tesla delivered 486,532 vehicles in the third quarter, beating analysts' average estimate of 456,896. It needs 311,448 fourth-quarter deliveries to match last year's total and avoid a third straight annual decline.
1. Deliveries beat estimates
Tesla's third-quarter deliveries beat forecasts, putting the company on course to end two consecutive years of falling sales. The company delivered 486,532 vehicles from July through September, 29,636 more than the Visible Alpha consensus. Tesla needs 311,448 deliveries in the fourth quarter to match last year's total.
2. Europe sales recover
Tesla's European sales recovery gathered pace in the third quarter, with strong registration growth in France and Denmark and broader gains in September. EU registrations rose by about two-thirds in January-August from a year earlier, the European Automobile Manufacturers' Association said. Government incentives, easier year-ago comparisons and rising consumer interest in EVs helped the recovery.
3. Results due October 21
Tesla's quarterly results are due October 21 after market close. Analysts now expect 1.82 million deliveries in 2026, up from 1.65 million in the June consensus. The article said Tesla's robotaxi service operates without a safety supervisor inside the car in Texas and Florida, and that the company added its purpose-built Cybercab to the Austin service last month.
