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Following a bumpy few months in 2025 due to his unpredictable relationship with President Donald Trump, things are looking up for Tesla (TSLA) CEO Elon Musk again. A proposed $1 trillion pay package kick-started the good times, which was succeeded by Musk buying 2.5 million shares of TSLA stock. The spate of seemingly favorable events has led to the Tesla share price performance turning positive for the year, with a rise of 10.46% on a year-to-date (YTD) basis.
However, there can be more uptick incoming for the TSLA stock after the company reported that sales in Europe are finally gaining traction after a while. In September, sales were up 20.5% in Denmark, 14.7% in Norway, and 3.4% in Spain. Moreover, overall deliveries for the third quarter of 2025 at 497,099 were not only 7.4% higher than the previous year, but they were also higher than the Street's expectations of deliveries of 447,600 by a wide margin. Although the impending expiration of the EV tax credits helped, some believe that Musk's refocus towards Tesla also has a part to play in the revival.
