Tesla Falls Short of Q3 Expectations by Just 6,938 Vehicles, Triggering Stock Dip

Tesla, the electric vehicle (EV) pioneer, revealed its third-quarter delivery numbers on Wednesday, picturing a complex picture of growth and challenges. The company delivered 462,890 vehicles, falling just short of Wall Street’s estimates of 469,828. This slight miss triggered a 6% drop in Tesla’s stock price during early trading. Despite missing analyst projections, Tesla’s Q3 deliveries marked a 6.4% increase from the previous quarter. Compared to the same period last year, when the company delivered 435,059 vehicles. The Model 3 and Model Y continued to be Tesla’s bread and butter, accounting for 439,975 of the total deliveries. These popular models … Continue reading Tesla Falls Short of Q3 Expectations by Just 6,938 Vehicles, Triggering Stock Dip