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Tesla Delivers 486,532 Cars in a Quarter That Slipped 2 Percent but Beat Every Wall Street Forecast

Tesla reported 486,532 vehicle deliveries for the third quarter of 2026 on October 2, down 2.1 percent from the record 497,099 it set a year earlier but comfortably above the 461,974 that analysts expected. The company produced 464,391 vehicles, meaning it delivered about 22,000 more cars than it built and worked down inventory, while energy storage deployments of 13.7 GWh missed forecasts. Shares rose roughly 4 percent as investors focused on the beat rather than the annual decline.