Oct. 2 at 2:27 PM
🚗⚡
$TSLA just dropped record Q3 deliveries: 497,099 units, smashing Wall Street’s 447k estimate. Buyers rushed to lock in EVs before federal tax credits expired under Trump’s July spending bill.
📈 Deliveries up 7% YoY, production at 447k+, with Model 3 + Y leading the charge. Energy storage also ripped higher—12.5 GWh deployed vs 6.9 GWh last year.
💰 Stock at
$458, +40% Q3 run, now +14% YTD. Market cap:
$1.52T. But margins keep sliding (23% ➝ 17.2%), raising big Q4 questions without tax-credit tailwinds.
🎯 Analyst targets? Wild spread:
$115 low to
$600 high, avg
$345.50. Oct 22 earnings will be the real test.
👉
$TSLA crushed Q3. But can Elon keep demand hot with credits gone &
$BYD dropping
$10K EVs?
