Tesla’s sales slump is showing signs of easing, with analysts estimating the company delivered about 439,600 vehicles worldwide in Q3 2025 — roughly a 5% decline from a year earlier. While that would mark Tesla’s third straight quarterly drop, it represents an improvement on the steeper 13% slide in the first half of the year.
Bloomberg with the info. In summary:
- U.S. demand benefited temporarily from consumers rushing to take advantage of an expiring $7,500 federal EV tax credit, but the company continues to struggle with an aging model lineup, waning policy support, and political backlash toward Elon Musk.
- The CEO has publicly distanced himself from the Trump administration while continuing to comment on divisive issues.
Analysts say the latest delivery numbers will be “pivotal” in showing whether Tesla’s core business has stabilised. In the meantime, the company has directed investor attention toward its new driverless-taxi service, AI and robotics efforts, and a proposed $1 trillion compensation package for Musk.
Despite lingering risks, Tesla shares soared 33% in September, the best monthly performance of 2025, as Wall Street raised delivery forecasts and price targets. Still, challenges loom: sales in China have slumped for most of the year amid fierce local competition, and Europe has seen sharp declines even as its EV market grows. Analysts warn the Q3 delivery figure may mask margin pressure from incentives and discounting, with further sales weakness expected into Q4.
