Tesla Delivered 52,239 Model 3s In The 3rd Quarter — Missing Wall Street Expectations

2018-10-03 2


Tesla delivered 53,239 Model 3 sedans in the third quarter, it said Tuesday, marginally beating its guided 52,425 — and widely missing Wall Street's expected 55,600.

Total vehicle deliveries came in at 83,500, beating both the company's forecasts and analysts' expectations.

Shares of Tesla rose about 1.5% early Tuesday following the announcement.

The electric-car maker said it's still on track to deliver 100,000 Model S and Model X vehicles for 2018.