"Although Tesla reveals its deliveries for the quarter well before it reports earnings, many investors will look for commentary regarding the company's strategy for responding to the loss of the $7,500 tax credit. Tesla has made a few moves already, including a lease deal that takes a substantial amount of money off, launching new Standard models, and cutting up to 23 percent off of lease pricing."
"Munster said the delivery figures for Q3, which landed at 497,099, the highest in company history, were padded by customers rushing to showrooms to take advantage of the expiring tax credit. He believes that deliveries will be more realistic in subsequent quarters, but investors should not worry because the focus on Tesla is not going to be on how many cars it hands over to customers: "Numbers are going down next year, but that's ok because it's all about autonomy.""
Tesla reported record Q3 deliveries of 497,099, driven in part by customers rushing to claim an expiring $7,500 tax credit. The company introduced measures to spur short-term U.S. demand, including a lease deal, new Standard models, and lease pricing cuts up to 23 percent. Deliveries are expected to normalize and decline next year as incentives fade. Strategic priorities are shifting toward autonomy, with a dedicated Robotaxi platform being rolled out in multiple U.S. locations, including Texas and California. Long-term technology and platform growth are positioned to outweigh near-term delivery totals.
Read at TESLARATI
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