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Tesla beats Q3 delivery estimates with 486,532 vehicles, shares rise 2%.

Company Fundamentals
02 Oct 2026
CNBC
View Source
Bullish
Tesla beats Q3 delivery estimates with 486,532 vehicles, shares rise 2%.

Tesla reported 486,532 vehicle deliveries in Q3, surpassing analyst expectations of around 461,100. Deliveries fell 2% year-over-year but rose from the previous quarter, driven mainly by Model 3 and Model Y sales. Despite competition from Chinese EV makers and challenges like the loss of a U.S. tax credit, Tesla's energy storage deployments also increased. The company will announce Q3 earnings on October 21, with shares up 2% following the delivery report but down 21% year-to-date.

Tesla shares trade at USD 356.90 on Pluang as of Oct 02, 2026 19:52 WIB, up 0.79% in the last day. Despite a 21% year-to-date decline noted in the article, the stock remains actively traded with a volume of 30,302,824 and a market cap of $1.40 trillion. This trading activity follows Tesla's recent report of 486,532 vehicle deliveries in Q3, surpassing expectations.

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