Tesla(US:TSLA) Xin Lang Cai Jing·2025-10-29 02:26Core Insights - The founder of Yixin Entertainment, Yang Tianzhen, experienced an issue with her Tesla vehicle, which was undergoing a software update, rendering it temporarily unusable [1] - Tesla's customer service advised against operating the vehicle during the software installation process to avoid potential update failures [3] - Tesla's delivery performance in Q3 2025 reached a record of 497,100 vehicles globally, surpassing Mercedes-Benz's sales for the same period [4] Group 1: Tesla's Performance - In Q3 2025, Tesla delivered 497,100 new vehicles, setting a new quarterly delivery record and exceeding Mercedes-Benz's sales [4] - The Model 3 and Model Y accounted for 481,200 deliveries, representing the core of Tesla's total delivery volume [4] - In China, Tesla's Q3 deliveries reached 169,200 units, a 31% increase quarter-over-quarter, significantly contributing to overall performance [3] Group 2: Competitive Landscape - Domestic electric vehicle brands, particularly BYD, are posing significant challenges to Tesla, with BYD's Q3 sales of pure electric models reaching 582,500 units, surpassing Tesla's sales by 85,000 units [6] - From Q4 2024 to Q3 2025, BYD has consistently outperformed Tesla in global pure electric vehicle sales for four consecutive quarters [6] - Other Chinese automakers like Geely and Chery are also emerging as strong competitors, with analysts noting that Tesla's value proposition may be perceived as lower compared to similarly priced Chinese brands [6]