Reported 2 days ago
Tesla's stock declined 4% after missing third-quarter delivery estimates and discontinuing its cheapest model amid ongoing challenges, including recalls and rising competition. Investors reacted negatively to the nearly 463,000 vehicles delivered, which fell short of expectations. Despite facing criticism, analysts remain optimistic about Tesla’s upcoming robotaxi event and potential growth in its energy storage sector, though some express more caution regarding the company's outlook.
Source: YAHOO