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Tesla Q3 deliveries up 8% on China sales push

Tesla is expected to report an 8% increase in Q3 deliveries, driven by incentives and financing offers in China, despite sluggish economic growth and competition from local automakers like BYD. These efforts helped boost sales after two quarters of decline, with analysts predicting deliveries of nearly 470,000 vehicles, including significant numbers of Model 3 and Model Y units. Tesla also benefited from increased government subsidies and purchase eligibility in China. Analysts believe Tesla is on track to match its 2023 record of 1.8 million deliveries, with growing Cybertruck production and an upcoming robotaxi product launch.

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