Tesla Review Following Q3 Delivery Numbers
<p>Daniel Ives from Wedbush provided company report on <a href='https://financialmodelingprep.com/financial-summary/TSLA'>Tesla, Inc. (NASDAQ:TSLA) </a>following the company’s announced Q3 delivery numbers. </p>
<p>The company delivered 241,000 vehicles during the quarter, beating the consensus estimate of 221,000 and even the bull case whisper numbers, which ranged from 225,000 to 230,000. </p>
<p>According to the analyst, the outperformance during the quarter was driven by robust Model 3/Y sales of 232,000 (vs. Street of 211,000) and Model S/X of 9,000 (vs. Street of 10,000). Total production in the quarter was 238,000 and was roughly 10,000 ahead of Wedbush’s and Street estimates.</p>
<p>The analyst believes in the month of September alone Tesla delivered roughly 150,000 vehicles and is a vivid sign of “this green tidal wave taking hold for Musk & Co” across the board. He believes China demand rebounded in the quarter and will be a focus for the bulls digesting these results.</p>

NASDAQ:TSLA