6:08 AM PDT · October 2, 2025 Tesla’s sales growth has vanished over the last year-and-a-half, but the company just registered its best quarter of deliveries ever, in large part because buyers rushed to take advantage of the $7,500 federal EV tax credit before it went away. Tesla delivered 497,099 vehicles over the last three months, the company announced Thursday. That’s a massive 29% jump from the second quarter, about a 7% increase over the same period last year, and more than it has ever delivered in a single quarter. Other automakers in the U.S. have seen similar jumps ahead of the credit expiring. The temptation to take advantage of the expiring credit was so strong that Cox Automotive has forecasted EVs will represent 10% of all vehicle sales in the U.S. for the quarter, which would be a record. The boost in sales came at a critical time for Tesla. Before the third quarter bump, Tesla was on track to see its global deliveries fall for the second straight year. That decline has eaten into the company’s industry-leading profit margin. This is thanks to a combination of factors. The company hasn’t released a truly new model in years aside from the Cybertruck, which has been such a bust that it’s been outsold by the GMC Hummer EV. Tesla CEO Elon Musk also tarnished his company’s image by spending hundreds of millions of dollars to help elect Donald Trump, and then promptly joined the new administration and led major, often haphazard cuts to federal agencies and programs with his Department of Government Efficiency. It’s still possible for Tesla to deliver more cars this year than last. But it will take a monster fourth quarter the likes of which Tesla has yet to achieve. And even if that happens, it’s a far cry from the 50% annual growth figure that the company once promoted. Perhaps that’s unsurprising given that Musk seems to be tired of selling cars. The company is trying to focus the public’s attention on technologies like autonomy and humanoid robotics, to the point that it recently proposed a $1 trillion pay package for Musk, largely tied to the success of those programs. Techcrunch event