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Tesla’s Q3 Deliveries Surpass Estimates
Tesla (NASDAQ: TSLA) reported nearly 497,100 electric vehicle deliveries in Q3 2025, exceeding Wall Street estimates of 447,600 and growing 7% year over year. This surge in deliveries came just before the expiration of a $7,500 electric vehicle tax credit on September 30, which drove consumer purchases.
Despite the impressive numbers, analysts expressed mixed reactions. Gene Munster from Deepwater Asset Management noted that Tesla’s growth was largely due to the tax credit’s expiration, while Morgan Stanley acknowledged the deliveries as being at the top end of estimates. As of now, Tesla’s shares are valued at approximately $440, with a wide price target range on Wall Street from $19 to $600.
The current focus remains on Tesla’s future breakthroughs in autonomous driving technologies and humanoid robotics, as these may significantly impact the company’s market value, projected to reach between $2 trillion and $3 trillion by 2026 or 2027.
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