Tesla Sees Third Quarter Improvement
(Fremont, CA) — Electric vehicle maker Tesla exceeds Wall Street’s expectations in the third quarter. Tesla reported they delivered 139-thousand-three-hundred vehicles, a 43-percent increase from the same quarter last year. Most of the vehicles were the Model 3 and Model Y cars. The company says just a little over 128-thousand of those vehicles shipped. Almost 17-thousand Model S and Model X vehicles made up the rest of the deliveries. Even with the positive Q3 report, Tesla’s stock dropped today. However, analysts say the poor stock performance is likely due to the news of President Trump testing positive for COVID-19.
Ted Asregadoo Copyright © 2020 TTWN Media Networks Inc.
