Tesla’s EV sales beat Wall Street’s expectations again, and the stock jumps

Tesla’s EV sales beat Wall Street’s expectations again, and the stock jumps Tesla’s EV sales beat Wall Street’s expectations again, and the stock jumps EV giant had the best three-month period for vehicle sales this year, but it was less than a year ago Tesla sales still came up short relative to the third quarter of 2025, which was unusually strong for the entire electric-vehicle industry. via Tesla delivered many more electric vehicles in the third quarter of 2026 than Wall Street had expected, sending shares higher on Friday. The company delivered 486,532 EVs last quarter, roughly 5.5% more than the 461,000 sales expected by analysts, according to FactSet data. It’s the second quarter in a row that Tesla has positively surprised the Street, and it’s the company’s best three-month period for sales so far this year.

Compared with last year, however, Tesla’s deliveries still came up short. The company delivered 497,099 EVs to consumers in the third quarter of 2025 as consumers pulled up their EV purchases to take advantage of major tax credits that were set to expire. Tesla said it delivered 478,237 Model Y and Model 3 cars between July and September, compared with 481,166 SUVs and sedans during the same time in 2025.

The cars typically account for the bulk of Tesla’s sales, especially in major markets like China. Don’t Short Yourself offers weekly money tips to help you earn it, stack it and grow it. I agree to the Terms of Use, Privacy Notice and Cookie Notice.

I would like to receive updates and special offers from Dow Jones and affiliates. I can unsubscribe at any time. Tesla also delivered 8,295 “other vehicles,” a category that is primarily made up of Cybertruck electric pickup trucks.

Earlier this year, Tesla discontinued the Model S and Model X vehicles. Analysts often note that investors give the revenue-generating automotive business little attention, preferring to focus on robotaxis and other ventures. But vehicle deliveries can “create noise” on the day that they are reported, according to UBS analyst Joseph Spak.

He also said investors are interested in a potential merger with SpaceX Tesla on Friday also said it deployed 13.7 gigawatt-hours of energy storage products, below the 15.9 gigawatt-hours expected by analysts. After a slow start to the year, analysts had expected the energy business to heat up in the second half of 2026. Tesla’s Megapacks, analysts say, are critical to meeting demand for power driven by the U.S. build-out of data centers.