Reported 17 days ago
Tesla's third-quarter delivery numbers exceeded expectations, with nearly 500,000 electric vehicles sold, despite concerns about production levels and stagnant sales of non-core models. The increase in deliveries was partially driven by the expiration of the $7,500 EV tax credit, yet analysts warn that Tesla's valuation remains difficult to justify as the company struggles with the development of its autonomous technology and faces competition in the market.
Source: YAHOO