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Tesla’s Q3 Deliveries Fell Short, Now What?

Story HighlightsTesla’s Q3 vehicle deliveries came below Street’s estimates. TSLA stock could remain under pressure as Q3 deliveries disappoint.Tesla ,as expected, announcedrecord deliveriesof 343,830 vehicles in Q3. However, this fell short of Street’s estimates of about 364,000. Wedbush analystDaniel Ivesbelieves this shortfall will not sit well with Street. This may hurt TSLA stock, which is down about 25% year-to-date.Ives stated, “While the reasoning from Tesla makes sense on paper, the St
Tesla’s Q3 Deliveries Fell Short, Now What?

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