Tesla Stock Soars on Record Q3 Deliveries, Profit Miss Raises Concerns
Tesla delivered a record 497,099 vehicles in Q3 2025, beating forecasts as U.S. buyers rushed to claim expiring EV tax credits. Q3 revenue reached $28.1 billion, but profit margins shrank and adjusted EPS missed estimates. Shares traded near $443 in late October, up about 80% year-to-date. Investors will soon vote on Elon Musk’s proposed $1 trillion pay plan, which faces opposition from proxy adviser ISS.