Tesla Q4 Delivery Numbers Better Than They Look, Analyst Says
Tesla delivered just under 420k vehicles in the fourth quarter of last year, slightly below expectations but still impressive when accounting for tax credit timing distortions. Gene Munster from Deepwater Asset Management argues that numbers are better than they appear at first glance.Key TakeawaysTesla's Q4 deliveries of 418k vehicles were below expectations but still strong when normalized for tax credit timing effects.The firm estimates that the pull-forward effect from September due to tax credits impacted December figures by around 55,000 units.Analysts believe Tesla's market share in U.S. EV sales has improved over recent quarters despite overall declines in the industry.Tesla reported delivering nearly 420k vehicles for Q4 2025, a number that initially seems underwhelming compared t...
