Tesla made headlines today with its impressive performance in the third quarter of 2025, surpassing all expectations set by Wall Street analysts. The company reported a record-breaking number of vehicle deliveries and energy deployments, marking it as the most successful quarter in Tesla’s history.
One of the main drivers behind this exceptional performance was the momentum generated by the EV tax credit, which expired at the end of September. The $7,500 discount offered by the tax credit incentivized consumers to make their purchases before the deadline, resulting in nearly half a million vehicle deliveries during the quarter.
Despite the expiration of the EV tax credit, there is still a window of opportunity for consumers to take advantage of it in the fourth quarter. The IRS made a rule change allowing individuals to qualify for the credit if they placed an order for an electric vehicle and made a marginal payment before the end of September. Tesla’s $250 order deposit met the criteria for the marginal payment, allowing consumers to still benefit from the credit in the upcoming quarters.
Furthermore, Tesla’s launch of the Model Y Performance in the U.S. on September 30th contributed to the surge in orders. Additionally, the company is rumored to be gearing up for the release of its affordable model, known as the “Model Y Standard,” which could potentially boost quarterly figures and drive growth for the company.
As the holiday season approaches, Tesla is expected to capitalize on seasonal boosts in sales by introducing price cuts, incentives, and other offers to attract customers. This strategy has historically proven successful for the company, as consumers are more likely to make purchases for themselves or as gifts during this time of year.
Overall, Tesla’s strong performance in the third quarter sets the stage for continued success in the fourth quarter and beyond. With the potential launch of the affordable Model Y and ongoing consumer interest in electric vehicles, Tesla is poised to maintain its position as a leader in the automotive industry.