After two straight quarters of year-over-year sales drop, Tesla, Inc. (NASDAQ:TSLA) finally found the mojo back as the electric-vehicle maker’s third-quarter deliveries pushed past the consensus forecast.

Tesla ($TSLA) reported third-quarter vehicle deliveries of 462,890, which fell short of expectations of 463,310 vehicles. The lower-than-expected

Tesla posted third-quarter deliveries and production numbers on Wednesday. The company's stock price jumped 32% in the quarter, which ended on Monday. Tesla faces increasing competition, most notably in China.

Tesla missed expectations for third-quarter deliveries on Wednesday, hurt by stiff competition from rivals in China and Europe, sending shares of the world's most valuable automaker down 3.5% in premarket trading.

The company’s global deliveries rebounded in the third quarter, reversing earlier declines that had stoked concerns about its ability to grow its car business.

Tesla (NASDAQ:TSLA) reported 462,890 deliveries for Q3 to fall short of the consensus estimate for a tally of 463,897 vehicles. The electric vehicle maker said it produced 469,796 vehicles during the quarter.

Tesla on Wednesday reported third-quarter vehicle deliveries below estimates as incentives and low-cost financing failed to lift demand for its aging models in a highly competitive market. Shares of the world's most valuable automaker fell 2.

Read a preview of Tesla’s delivery report below. The day has finally arrived. Tesla is set to report third-quarter delivery results on Wednesday. They better be good. Wall Street is looking for deliveries of about 462,

This morning, Tesla posted its sales and production numbers for the third quarter of 2024. While not spectacular when compared to Q3 2023, the numbers do show modest growth, unlike the rather disappointing Q2 2024.