Tesla’s third-quarter deliveries surged 29% from the previous quarter, reaching 497,099 units. A rush to buy before a $7,500 credit expired likely drove the growth. Production lagged deliveries, indicating strong demand. A lower-priced Model Y and autonomy initiatives could drive growth next year. Q4 performance will reveal if demand can be sustained.

Read more at Nasdaq: Tesla Deliveries Soar in Q3. But What Will Q4 Look Like?