Tesla Delivers 486,432 Vehicles In Q3, Handily Beating Wall Street Forecasts

Tesla Delivers 486,432 Vehicles In Q3, Handily Beating Wall Street Forecasts Tesla handily beat expectations on deliveries for Q3 this morning, handing the electric vehicle maker a sizable beat against Wall Street forecasts. The company delivered 486,532 vehicles during the quarter, well above the roughly 461,000 units analysts surveyed by FactSet had been expecting. Tesla’s own compilation of sell-side estimates had put the consensus at 461,974 vehicles, meaning actual deliveries came in roughly 24,500 vehicles, or about 5.3%, above that figure. Of the 486,532 vehicles delivered, Model 3/Y accounted for 478,237 vehicles. The better than anticipated result helped Tesla shares rise about 2% Friday morning. Tesla’s...

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