"And there is so much to this car that is not obvious on the surface," Musk said.
The Deepwater Asset Management Managing Partner shared his thoughts in a post on his website.
"This will be viewed as better than feared deliveries and a step in the right direction for the Tesla story heading into 2026," Ives wrote.
Deliveries stood at 406,585 Model 3/Y and 11,642 other models, for a total of 418,227 vehicles.