Tesla Expected to Report Record Q3 Deliveries Driven by Strong China Sales
Analysts predict Tesla's third-quarter deliveries will surpass 460,000 units, bolstered by incentives and subsidies in China.
- Twelve analysts surveyed by LSEG forecast Tesla's Q3 deliveries at 469,828 vehicles, marking an 8% increase from last year.
- China's incentives, including zero-interest loans and government subsidies, significantly boosted Tesla's sales, contributing to one-third of its total deliveries.
- Betting markets on Kalshi platform give an 80% probability that Tesla will exceed 460,000 units in Q3 deliveries.
- Tesla's Model Y SUV and Model 3 sedan are expected to lead the sales figures, with significant contributions from the Cybertruck.
- Investors are also keenly anticipating Tesla's robotaxi reveal on October 10, which is expected to further enhance the company's market value.