Tesla Delivered 486,532 Vehicles in Q3. Here’s Why the Real Test Could Come on Oct. 21.
Tesla's third-quarter deliveries soundly beat Wall Street consensus estimates.
Overview
Shares of Tesla (NASDAQ:TSLA) had surged roughly 4.8% as of 12:44 p.m. ET on Oct. 2, after the electric vehicle maker reported higher-than-expected third-quarter deliveries.
Tesla said it delivered 486,532 vehicles in the third quarter, with production of 464,391. Deliveries are the closest measure Tesla provides for vehicles sold, while production is the number of vehicles built at Tesla's factories in a given quarter.
Details
Wall Street analysts had only expected Tesla to deliver 461,100 vehicles, so it was a big beat on consensus.
Source
Originally published at www.fool.com.
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