Introduction
In the wake of Tesla's remarkable third-quarter performance in 2025, Cantor Fitzgerald, a prominent investment firm, has reaffirmed its bullish outlook on the electric vehicle giant. Tesla delivered a staggering 497,099 vehicles during Q3, significantly surpassing market expectations and setting a new company record. This surge in deliveries was largely driven by a rush of consumer purchases ahead of a critical federal tax credit deadline.
The firm has reiterated its Overweight rating, maintaining a price target of $355 per share for Tesla (NASDAQ: TSLA). This optimistic stance comes on the heels of strong delivery results that indicate robust demand for Tesla’s vehicles, particularly as customers hurried to take advantage of the $7,500 federal EV tax credit before it expired on September 30.
Record Deliveries Outshine Expectations
In a recent note, Cantor Fitzgerald highlighted that Tesla's total vehicle deliveries for Q3 2025 not only broke previous records but also exceeded analyst forecasts, which had predicted deliveries of approximately 443,079 vehicles. The actual figure of 497,099 vehicles delivered represents a substantial increase from the 384,122 vehicles delivered in the second quarter of the same year.
According to the firm, the surge in deliveries can be attributed to a "push forward effect," wherein customers rushed to purchase or lease electric vehicles before the expiration of the federal tax incentives. This trend was noted in a report by Investing.com, emphasizing the impact of the approaching deadline on consumer behavior.
“On 10/2, TSLA pre-announced that it delivered 497,099 vehicles in 3Q25 (its highest quarterly delivery in company history), significantly above Company consensus of 443,079, and above 384,122 in 2Q25. This was due primarily to a ‘push forward effect’ from consumers who rushed to purchase or lease EVs ahead of the $7,500 EV tax credit expiring on 9/30,” the firm stated.
Positive Impact on Market Capitalization
The impressive delivery numbers have had a notable effect on Tesla's market capitalization, which has soared to approximately $1.47 trillion as of the latest reports. This increase signifies the confidence investors have in the company's future performance, fueled by strong sales figures and anticipated growth in various segments of its business.
Additionally, Tesla has teased a new product reveal scheduled for October 7, which analysts believe could serve as another catalyst for growth and further drive investor interest.
Tesla Energy: A Bright Spot Amid Challenges
While Cantor Fitzgerald anticipates that Tesla's total production and deliveries for the full year may fall short of the 2024 target of 1.8 million vehicles, they have noted a standout performance in Tesla's energy storage business. In Q3 2025, Tesla deployed a record 12.5 GWh of energy storage products, surpassing both the firm's estimates and the Visible Alpha consensus, which were 11.5 GWh and 10.9 GWh, respectively.
This deployment not only marks the highest volume in the company’s history but also signifies a promising trend, with Tesla's energy storage division having already deployed more products within the year-to-date period than in all of the previous year. Cantor Fitzgerald expects the energy storage revenue to surpass $12 billion this year, potentially accounting for approximately 15% of Tesla's total revenue.
Analyst Insights and Future Outlook
Analysts from Cantor Fitzgerald remain optimistic about Tesla's long-term prospects, despite potential short-term challenges. The firm has expressed confidence that the energy storage sector will continue to flourish, providing a buffer against any declines in vehicle deliveries. The dynamics of the energy market, coupled with Tesla’s innovative approach to energy solutions, positions the company favorably for sustained growth.
“Tesla’s Energy Storage has now deployed more products YTD than all of last year, which is encouraging,” the firm noted, highlighting the significant growth trajectory of this segment.
Conclusion
As Tesla continues to break records with its vehicle deliveries and expand its energy storage capabilities, Cantor Fitzgerald's bullish perspective reinforces the company’s strong position in the market. With a price target of $355 and an Overweight rating, the investment firm underscores the potential for future growth and resilience in the face of challenges.
The implications of Tesla’s Q3 performance extend beyond mere numbers; they highlight a shifting landscape in the automotive industry where demand for electric vehicles is surging. As Tesla prepares for new product announcements and continues to innovate, stakeholders will be closely watching to see how the company navigates the complexities of the market and capitalizes on its strengths.
