Tesla (TSLA) Faces Stock Dip Despite Meeting Delivery Expectations
Tesla Inc. (TSLA, Financial) reported its third-quarter deliveries, slightly surpassing expectations with 462,890 vehicles, compared to the analysts' average forecast of 462,000 tracked by FactSet. The majority of deliveries were dominated by the Model 3 and Model Y, which totaled 439,975 units.Before the release of this report, analysts were optimistic about Tesla's delivery outlook, contrasting with previous quarters' demand concerns. A Barclays analyst noted that investors likely anticipated Tesla's deli ...