Tesla Shares Surge on Stronger-Than-Expected Q3 Deliveries
Tesla shares rose approximately 5% after the EV maker reported third-quarter deliveries that significantly exceeded Wall Street expectations. This suggests demand may be stabilizing, despite year-over-year deliveries remaining lower.
Tesla NASDAQ:TSLA shares rose about 5% after the electric-vehicle maker delivered more vehicles than Wall Street expected in the third quarter, giving investors fresh evidence that demand may be stabilizing even though deliveries were still lower year over year. Tesla said it delivered 486,532 vehicles.