Key facts
- Tesla delivered 486,532 vehicles in the third quarter, beating analysts' estimate of 456,896.
- European sales recovered significantly, with registrations up about two-thirds through August.
- The Model Y was the best-selling car of any type in France.
- Exports from Tesla's Shanghai factory nearly doubled in July and August.
Tesla Inc. surpassed Wall Street's expectations for third-quarter deliveries, reporting 486,532 vehicles sold between July and September, compared to analysts' average estimate of 456,896. The strong performance was driven by a significant rebound in European sales, which helped to offset weaker demand in the U.S. and China.