Tesla Investors Should 'Throw Out' Q3 Delivery Numbers: Gene Munster Points To What's Really Key For EV Giant

Core Insights - Tesla Inc exceeded analyst expectations for third-quarter deliveries due to a temporary surge in demand following the expiration of the federal EV tax credit [1] - The focus should shift from short-term delivery figures to long-term strategies, particularly in autonomy and profitable EV production [3][4] Delivery Performance - Tesla experienced a 35% quarter-over-quarter increase in U.S. sales attributed to the tax credit, but this figure is considered less relevant for future assessments [2] - Deliveries are projected to decline by 9% year-over-year in 2025, followed by increases of 10% in 2026 and 22% in 2027 [5] Market Dynamics - The expiration of the EV tax credit may lead to reduced demand for electric vehicles in the short term, but it is expected to benefit Tesla in the long run by allowing the company to strengthen its position in autonomy [6][7] - The global EV market is anticipated to grow by 15% to 20% in 2026, indicating a positive outlook for the industry despite short-term challenges [5]