New Delhi, Oct. 23 -- Tesla has reported record vehicle deliveries in the third quarter of 2025, giving the company a brief recovery after a poor start to the year. The surge came largely from US customers rushing to buy cars before the federal EV tax credit expired.

The company shipped 497,099 vehicles, earning $21.2 billion in automotive revenue - its best figure in over a year. However, profit remained under pressure, standing at $1.4 billion, which is still 37% lower than the same quarter last year, TechCrunch reported.

Despite the record sales, the gains were offset by rising costs and weaker margins. Tesla said its operating expenses rose by 50% compared to last year due to higher spending on AI, research and development, and "res...