Tesla (TSLA) Misses Q3 Delivery Expectations, Faces Pressure from Competitive Market
Electric vehicle giant Tesla (TSLA, Financial) has announced its third-quarter delivery and production numbers for this year. Though Tesla saw its first quarterly sales increase of the year, the delivery count still fell short of market expectations, causing an initial stock drop of 6.4%.The next major event for Tesla is the much-anticipated "Robotaxi" event on October 10, which aims to showcase a prototype autonomous taxi, highlighting the company's new AI-driven strategy for autonomous driving technology. ...