Tesla Stock Defies Delivery Dip as Charging Network Growth Offsets European Weakness
Tesla shares climbed 2.1% to $459.33 despite Q4 deliveries falling short of estimates, as investors focused on resilient fundamentals. The automaker delivered 418,227 vehicles—below Wall Street's 423,000 forecast but within anticipated ranges after the expiration of U.S. EV tax credits.
European markets proved problematic, with sales plunging 70% in France and Sweden. Tesla's regional market share now stands at just 1.7%, though this was offset by 52 million charging sessions globally—a 29% annual increase.
The company maintains its February 2026 target for Full Self-Driving European deployment, pending regulatory approvals. Market reaction suggests confidence in Tesla's ability to weather regional turbulence through technological leadership and infrastructure advantages.
