Tesla Stock Decreases 3% Following Q3 Delivery Miss

Reported 5 days ago

Tesla's stock fell about 3% after the company's third-quarter vehicle deliveries of 462,890 slightly missed Wall Street's expectations of 463,897. While this marks a 6.4% increase from the previous quarter, analysts are concerned about competition in China and the company's lowered annual growth rate. Investors will be closely watching Tesla's upcoming robotaxi event on October 10, which could signify a crucial moment for the company.

Source: YAHOO

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