TSLA Reports Q3 Sales Growth, But Falls Short of Investor Expectations
Tesla(TSLA) Gurufocus·2024-10-02 23:10
Tesla has announced its first quarterly sales growth of the year, yet the electric vehicle giant still disappointed investors who had anticipated more significant support from increased subsidies for electric vehicles in China. Elon Musk's company delivered 462,890 vehicles in the third quarter, a 6.4% year-over-year increase, but slightly below analysts' expectations of approximately 463,900 vehicles.As of mid-week, Tesla's (TSLA, Financial) stock saw a temporary decline of 6.4% in the New York market. Not ...