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Tesla sells over 480,000 EVs in Q3, beating estimates despite U.S. market challenges.

Company Fundamentals
02 Oct 2026
TechCrunch
View Source
Bullish
Tesla sells over 480,000 EVs in Q3, beating estimates despite U.S. market challenges.

Tesla delivered more than 486,000 electric vehicles in the third quarter, surpassing Wall Street estimates and marking a second strong quarter after a slow start to the year. While U.S. sales declined due to lack of new models and political controversies, Tesla's growth in Europe and China helped offset this drop. The company is expanding production in Germany and exploring new markets like Japan and Australia. Meanwhile, Tesla is focusing on innovative projects like the Cybercab autonomous vehicle and the Tesla Semi truck, supported by $30 billion in new credit lines.

Tesla shares on Pluang have gained 4.33% in one day, trading at USD 369.43 as of Oct 02, 2026 20:51 WIB, still below its 52-week high of USD 489.88 but well above the 52-week low of USD 298.16. Despite the recent U.S. sales challenges mentioned in the news, Tesla maintains a strong market presence with a $1.40 trillion market cap. The typical hold time of 87 days and a 65% sell order activity suggest active trading and some profit-taking among investors.

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