Friday, 24 March, 2023

Tesla Missed Wall Street's Expectations Despite Delivering Record 343,830 Vehicles in Third Quarter

<p>Tesla delivered 343,830 vehicles, a new record and a turnaround from earlier this year, according to a report released on Sunday. Despite the uptick and record number, the third-quarter delivery result still fell short of Wall Street expectations, which, depending on the surveyed group, varied between 358,000 and 371,000 automobiles. Tesla attributed the failure to deliver to a shortage of capacity in the logistics system it uses to deliver automobiles to consumers.</p>