Tesla Q3 Sales Below Expectations...Stock prices plunge 6% during intraday

2024.10.03. AM 00:47
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Shares plunged after U.S. electric vehicle maker Tesla's vehicle sales fell below market expectations in the third quarter.

According to a report released by Tesla, the number of vehicles delivered in the third quarter of this year was 462,000, up 6.4% from the same period last year, but it fell short of the expert estimate of 463,000.

As a result, Tesla shares have fallen significantly to 6% local time on the 2nd and are trading in the negative 5% range.

Tesla's stock has surged 20% over the past month as China's electric vehicle subsidies boost sales and heralding the unveiling of self-driving cars and robo taxis next week.




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