Tesla posted an unexpected jump in third-quarter sales, snapping a two-quarter slump that had raised questions about the electric carmaker’s momentum. A last-minute rush by US buyers to lock in a $7,500 federal EV credit before its September 30 expiry appears to have powered the rebound.

The company reported on Thursday that sales rose 7 per cent year-on-year in the July–September period, a sharp contrast to earlier in 2024 when customers turned away over Elon Musk’s outspoken political views. Some buyers even staged protests at Tesla dealerships in the US and Europe, as per foreign media reports.

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Numbers beat forecasts

Tesla delivered 497,099 vehi

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