Tesla, Inc. (TSLA)
Tesla Stock Falters 4% As Q3 Deliveries Report Falls Short Of Top-End Estimates
Tesla stock slumped Wednesday after the American electric vehicle titan reported its third-quarter car deliveries, which were in line with consensus forecasts but failed to meet the most bullish of Wall Street analysts' expectations.
Wall Street sets Tesla stock price for the next 12 months
Though generally strong with a 22.52% 30-day rise, September has been anything but dull for the stock of Elon Musk's electric vehicle (EV) maker, Tesla Motors (NASDAQ: TSLA).
Tesla skids lower as delivery figures rise less than expected
Tesla Inc (NASDAQ:TSLA) shares fell 3.3% premarket as deliveries for the third quarter came in lower than expected. The electric vehicle group delivered 462,890 vehicles from July to the end of September, up from 443,956 in the second quarter but below the consensus forecast of 463,897.
Why Tesla's stock is falling despite a beat on delivery numbers
Tesla Inc.'s stock is shrugging off a slight beat on delivery numbers for the latest quarter, as expectations had become elevated heading into Wednesday's report.
Tesla's Massive October Begins With Q3 Deliveries Rising 6% To 462,890
Tesla stock is extended above its 50-day moving average. On Wednesday, Tesla reported third-quarter global vehicle deliveries.
Tesla reports third-quarter deliveries below estimates
Tesla on Wednesday reported third-quarter vehicle deliveries below estimates as incentives and low-cost financing failed to lift demand for its aging models in a highly competitive market.
Tesla Sales Increase, Suggesting Electric Car Demand Is Rebounding
The automaker reported a gain of 6.4 percent for the latest quarter, its first such increase this year.
Tesla stock slips after it reports 462,890 total deliveries during the third quarter
Tesla posted third-quarter deliveries and production numbers on Wednesday. The company's stock price jumped 32% in the quarter, which ended on Monday.
Higgins: Tesla has been very aggressive in adjusting its prices
Wall Street Journal Business Columnist Tim Higgins discusses Tesla's 6% delivery growth, driven by aggressive pricing in China, and Stellantis' pricing challenges as U.S. consumers seek cheaper vehicles
Tesla: Strong Buy Before Robotaxi Event (Rating Upgrade)
Tesla faces significant catalysts this month, including the robotaxi event on October 10, 2024, and Q3 earnings release shortly after. The robotaxi event could shift investor focus to Tesla's autonomous vehicle potential, offering a new revenue stream and boosting the investment narrative. The event on Oct 10, 2024 is set to provide crucial details on FSD improvements and robotaxi market availability.
Tesla delivery figures set to reflect EV demand rebound
Tesla Inc (NASDAQ:TSLA) should be on course to have benefitted from a rebound in demand over the third quarter, with the electric vehicle maker set to release delivery figures on Wednesday. According to Wedbush analysts, demand should have stabilised in recent months, following a tough first half, thanks to the likes of favourable deals in China.
Tesla (TSLA) Expected to Deliver 463,900 Vehicles Globally in Q3
Analysts are forecasting that Tesla (TSLA, Financial) will deliver approximately 463,900 vehicles globally in the third quarter, representing a 7% year-over-year increase. This optimistic outlook is largely driven by increased subsidies in China aimed at boosting domestic electric vehicle sales, which could help Tesla achieve its first year-over-year quarterly sales growth this year.
