(Reuters) - Tesla on Wednesday reported third-quarter vehicle deliveries below estimates as incentives and low-cost financing failed to lift demand for its aging models in a highly competitive market.

The EV maker handed over 462,890 vehicles in the three months to Sept. 30, up 6.4% from the preceding quarter.

Wall Street on average had expected the Elon Musk-led company to deliver 469,828 vehicles, according to 12 analysts polled by LSEG.

(Reporting by Akash Sriram in Bengaluru; Editing by Anil D'Silva)