Tesla sales set the record where American buyers rushed to overcome the end of tax credits

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Tesla global delivery operations increased by 7 percent in the third quarter, where it recorded a new record thanks to a recovery in American sales before the completion of electric vehicle tax credits in September.

The car maker delivered 497,099 cars in the three months until the end of September, up from 462,890 in the same period last year. This was much higher than analysts’ expectations of 444,000, according to Visible Alpha.

CEO Elon Musk has been warned by Difficult quarters in the future For the company due to President Donald Trump’s policies to combat EV, including canceling tax credit and declining rules that reduce vehicle emissions.

But consumers rushed to buy Electric cars Before the tax credits on September 30 ended, it created a temporary mutation that strengthened Ford sales during the third quarter by 30 percent, and General Motors’s sales doubled to a quarterly record of 66,501.

Despite its connections that overcame their expectations, Tesla shares fell more than 3 percent on Thursday.

Timing It did not provide a regional delivery of delivery, but analysts estimated that they had risen in the United States by 11 percent compared to the third quarter of last year.

The decrease in sales in China also decreased after Tesla launched an developed version of the Le Pioneer Utility. In general, its share of the world’s largest car market increased by a percentage in August compared to the previous year, as it ended the 10 months losses.

Tesla’s Energy Business has also performed a good performance, spreading a 12.5gwh record of products in a quarter according to the company.

Expectations, however, are still difficult. Jim Farley, Ford CEO, expected that EV sales in the United States may slow up to about 5 percent of the total market, or about half of the number today.

The demand for Sloc in Europe is also weak in the face of intense competition from the new EV models by BYD and others, a violent reaction against the Musk policy.

Tesla sales decreased by 40 percent in the European Union and the United Kingdom in July and 23 percent in August, according to European auto industry.

In a letter to the US Environmental Protection Agency last week, Tesla said that the proposed repercussion of the rules to reduce greenhouse gas emissions “deprive preferred consumers and extensive economic benefits, and have negative effects on human health, and affects the integrated car sector in North America.”

Daniel Evz, a Wedbush analyst, described the result as a “great reactionary quarter”, but added: “There is still a work that must be done to gain more perspective from the delivery perspective.”

With Tesla Auto revenues decreasedMusk tried to convince investors that the company’s future lies in the self -driving “Robotaxi” service, which was launched in the United States this year.

Tesla Council suggested The payment package will give Musk 12 percent of the company’s shares So, over the next decade, it can raise its evaluation to eight times to 8.5 trillion dollars, increase its profits 24 times and sell other millions.

Additional reports by Gloria Lee in Hong Kong