California Is Ending The Clean Air Vehicle Decal Allowing Electric Vehicle Drivers To Go Solo In Carpool Lane

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Electric quarter

Tesla deliveries surge to quarterly record on last gasp of EV tax credit

Tesla reported its highly anticipated third-quarter delivery numbers.

10/2/25 9:10AM

Tesla released its highly anticipated third-quarter delivery numbers today, beating analysts’ expectations by a long shot. Shares built on their earlier premarket gains to trade more than 3% higher as of 9:05 a.m. ET.

Tesla sold a record 497,000 vehicles in the quarter that ended in September. That’s about 34,000 more than the 463,000 it sold during the same quarter last year and significantly more than it sold in earlier quarters this year.

The jump is largely thanks to customers in the US racing to buy ahead of the expiration of the $7,500 federal tax credit for EVs, which expired at the end of September, spurring record EV sales across the industry.

Analysts had expected 440,000 deliveries, per Bloomberg. Tesla’s own compilation of analysts’ estimates had pegged the company’s deliveries at 443,000.

It’s shaping up to be another strong session for the stock on the heels of its best month since the US presidential election.

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Judge blocks Pentagon’s move to blacklist Anthropic

A federal judge in Northern California has granted a preliminary injunction blocking the Pentagon from labeling Anthropic as a national security supply chain risk.

The ruling temporarily prevents the Defense Department from restricting the AI company’s access to federal contracts amid a dispute over its refusal to allow certain military and surveillance uses of its technology. The designation could also have shifted lucrative government work toward competitors, including OpenAI.

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