Here are the key numbers:Total deliveries Q3 2025: 497,099Total production Q3 2025: 447,450Shares sank Thursday following the report. The company reported 462,890 total deliveries in the third quarter of 2024. Deliveries are the closest approximation of vehicle sales reported by Tesla but are not precisely defined in the company’s shareholder communications. In the second quarter, Tesla reported 384,122 deliveries, a 14% year-over-year decline and the second straight quarterly drop. Musk’s xAI has been a big buyer of Tesla’s battery energy storage systems in recent quarters.