The EV giant Tesla reported a record-breaking quarter in terms of deliveries, an event that sparked widespread optimism in the investment community, with analysts upwardly revising their targets on hopes of capacity expansion.
The automaker delivered 497k vehicles in its third quarter, significantly exceeding Wall Street’s estimates of 454k units, amounting to a 7% increase on a year-on-year basis. As for production capacity, the company maintained a steady pace and manufactured 447k new vehicles and the key core drivers of sales this quarter were Model 3 and Model Y.
At the same time however, markets weighed the possibility of impending shortcomings for the EV maker, noting that the record-breaking delivery numbers were “overstated” due to the fact that customers front-runned and rushed to purchase EV vehicles, as the $7500 EV tax credit scheme of the US government expired in October.
The company in response announced that it will raise car prices to safeguard its margins and is expected to continue to face intense competition and possibly extended loss of market share from Europe, as Chinese EV makers continue to thrive.
Given all these factors, Tesla may be in desperate need for a trump card to remain competitive and President Trump may very well just be it. We turn therefore our attention towards the White House, for any announcements that would be favourable for the EV maker, speculating that the relationship of Elon Musk and the President will bear fruit.
Finally, Tesla is expected to release full financial results for Q3 on October 22, 2025 and that’s where traders are setting their eyes on for further clarifications.
Technical Analysis
Tesla Chart – Sellers pump the brakes before all-time high retest level
Resistance: (R1), 5.20 (R2), 5.40 (R3)
Support: 4.75 (S1), 4.60 (S2), 4.40 (S3)
