Tesla Needs To Deliver A Near-Impossible Target Of 516,344 EVs In Q4 2024 To Match Its 2023 Delivery Total

Were Tesla’s just-reported delivery figures for the third quarter of 2024 a miss? This question dominated investor chatter throughout today’s morning trading session as Tesla’s quarterly deliveries exceeded (barely) its self-compiled consensus estimate but failed to beat the median estimate from analysts. What’s more, Reuters fueled further confusion by publishing a higher consensus figure that polled a narrower subset of Wall Street analysts. The end result: Tesla ended today in the red by ~3.5 percent even as the Nasdaq 100 recorded a minuscule gain. As we reported earlier today, Tesla has now disclosed that it delivered 462,890 units in Q3 […]

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