Why Tesla Stock Popped 4% on Monday
TSLATesla(TSLA) The Motley Fool·2024-09-24 01:55

Tesla's deliveries are going up -- but its price is already up too much.Tesla (TSLA 4.46%) stock revved 4% higher through 12:55 p.m. ET Monday after Barclays Capital's Dan Levy predicted the company will beat expectations on Q3 deliveries this year.That does sound like good news for investors -- but remember to read the fine print.What Barclays said about TeslaIn this morning's note, Levy argued that Tesla is likely to report 8% year-over-year growth in deliveries of its electric cars, which is more than ot ...