Tesla sold 486,532 electric vehicles during the third quarter of 2026. That’s a 2.1 percent decrease on the same quarter in 2025, when the company found homes for 497,099 EVs, and one might think that would be bad news for a company valued on the premise of near-constant growth.
But Tesla stock is up this morning; the year-over-year numbers might look bad, but the company still exceeded analysts’ expectations of 456,600 cars, which would have been a larger 8 percent year-on-year decline.
Majority stake is owned by Volkswagen group as of May, at about 16%.
Amazon still holds about 13% stake.
All these companies still suck, I just wanted to clarify the ownership.
(Cybertruck is slightly bigger than Rivian truck in almost all dimensions.)