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10/2/20

Tesla reports record quarterly deliveries, but Model 3 sales underwhelm bulls

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The company slightly beat consensus estimates by Refinitiv for deliveries of 134,720 vehicles, but fell short of some of Wall Street's most bullish forecasts, with analysts issuing a wide range of estimates. While the broader market was down on Friday morning, Tesla shares were among the heaviest decliners. Tesla delivered 124,100 Model Y and Model 3 units, slightly below Refinitiv consensus expectations of 128,000 Model 3 and Model Y vehicles combined.

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Tesla reports record quarterly deliveries, but Model 3 sales underwhelm bulls originally appeared on Autoblog on Fri, 2 Oct 2020 09:39:00 EDT. Please see our terms for use of feeds.

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