Tesla sales beat Wall Street's expectations

Tesla achieved record vehicle sales in Q3 last year, surpassing Wall Street expectations and triggering a stock price increase. This performance marked the company's strongest three-month period of the current year, although it remained lower than the figures from one year prior. The surge was primarily driven by consumers rushing to utilize the $7,500 tax credit for new EVs before its expiration in September 2025, highlighting the significant impact of government incentives on demand.