Tesla recorded a sales increase for the first time in 2025, bringing the net worth of its CEO, Elon Musk, to around $500 billion.
The company produced over 447,000 vehicles between July and September, including more than 435,000 Model 3 and Model Y, and another 11,000 Model S, Model X, and Cybertruck. This represents a 5% decrease compared to the same period in 2024.
Still, Tesla delivered over 497,000 vehicles, a 7.4% increase from the previous year. Sales exceeded production by nearly 50,000 vehicles, helping to reduce the company’s inventory.
The growth is being attributed to U.S. federal tax exemptions for electric vehicles, which ended on September 30, 2025, according to The Verge. However, while sales are rising in the American market, the situation remains challenging for Tesla on other continents.
In Europe, sales have dropped 37% since the beginning of the year. Meanwhile, in China, the company is losing ground due to competition from BYD and Geely.
Even with the positive news for the company, experts predict a sharp decline in U.S. sales after the incentives are removed.
While electric vehicle sales remain Tesla’s main revenue source, Elon Musk seems to have other plans for the company, including increased investment in artificial intelligence and robotics technologies.
Photo and video: Unsplash. This content was created with the help of AI and reviewed by the editorial team.
