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Story summary
- Tesla and Rivian posted better-than-expected Q3 EV sales.
- Tesla sold 486,532 EVs in Q3, a 2.1% decline but above the 464,000 estimate.
- Rivian delivered 19,248 vehicles in Q3, surpassing the 17,600 analysts expected.
- Hyundai North America CEO Randy Parker said dealers are asking for more EV inventory as demand steadies.
- U.S. EV inventory fell to 78 days in August, down from a 180-day supply earlier in 2026.