Tesla Stock Drops 3% Following Q3 Delivery Miss

Reported 4 days ago

Tesla's stock fell by 3% after the company announced third-quarter deliveries of 462,890 vehicles, slightly below Wall Street's expectations of 463,897. Although this represents a 6.4% increase from the previous quarter and is higher than last year's total, concerns remain over a lower annual growth rate and heightened competition, particularly in China. The company's upcoming robotaxi event is viewed as a crucial moment for its future growth.

Source: YAHOO

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