According to The Kobeissi Letter, Tesla (TSLA) delivered a record 497,099 vehicles in Q3 2025, beating expectations of 439,612 and sending the stock up about 4% while it approaches record-high territory. According to The Kobeissi Letter, these figures confirm a sizable upside surprise in operational performance and an immediate positive price reaction. Based on the delivery beat and price action reported by The Kobeissi Letter, traders can focus on potential breakout dynamics near prior highs, intraday momentum setups, and relative strength versus EV peers and growth indices, while crypto desks monitor broader risk-on tone alongside the equity bid as highlighted by the same source.