Tesla shocks Wall Street with nearly 500K deliveries as buyers rushed to lock in tax credit
1. Tesla's Q3 deliveries exceeded expectations due to final tax credit rush. 2. Post-September tax credit expiration raises concerns over future sales declines. 3. Tesla's European sales fell 22.5%, impacting market share significantly. 4. 2025 delivery forecast projects 1.61 million vehicles, a 10% decrease from 2024. 5. New lower-cost Model Y rollout is delayed, crucial for maintaining momentum.