Tesla’s 486,532 Deliveries: TSLA Closed Up 4.65% at…
By Tobi Opeyemi Amure
AI summary of the source article
Tesla reported Q3 2026 vehicle deliveries of 486,532, beating a company-compiled consensus of 461,974 analysts by about 5.3 percent. However, deliveries fell 2.1 percent compared to 497,099 in Q3 2025. Production for the quarter was 464,391 units, with existing inventory supplying a gap of 22,141 vehicles. Model 3 and Model Y deliveries totaled 478,237, while other models fell 47.9 percent to 8,295. Energy storage deployments reached 13.7 GWh, missing analyst expectations of 15.9 GWh. Following the news, Tesla stock rose 4.65 percent to close at $370.59 on the Nasdaq.
Why it matters
The delivery figures beat lowered analyst expectations and lifted Tesla's stock, even though car deliveries slipped year-over-year and relied on existing inventory to exceed production counts.
Key facts
- Tesla delivered 486,532 vehicles and produced 464,391 in Q3 2026, drawing down inventory by 22,141 units.
- Deliveries beat consensus of 461,974 by 5.3% but fell 2.1% year-over-year from 497,099 in Q3 2025.
- Tesla stock closed up 4.65% at $370.59 on Nasdaq on October 2, 2026.