Q4 2025
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Tesla Q4 consensus underscores sales slump from competition, tax credits and Musk backlash
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Tesla's unusual pre-earnings consensus of 422,850 Q4 2025 vehicle deliveries—a 15% drop from 2024 and below Wall Street's 440,000-445,000 forecast—highlights persistent EV headwinds. Added challenges include a post-tax-credit US sales trough, Chinese rivals, and a nearly 30% plunge in European demand linked to CEO Elon Musk's political activities.