Forget Deliveries: Analyst Says They 'Likely Won't Matter' For Tesla Stock

When it comes to Tesla Inc (NASDAQ:TSLA) , investors have given the stock a higher multiple than traditional automotive companies. Investor and Ark Invest CEO Cathie Wood has argued for years the stock should trade more like a tech stock.A Tesla analyst has come around to the same conclusion as Wood and asks investors if electric vehicle delivery numbers even matter going forward.Tesla Analyst On DeliveriesTesla reported record electric vehicle deliveries for the third quarter, helped by strong demand as th ...