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Tesla Stocks Gain as 486,532 Deliveries Reset the Bar

Tesla Stocks Gain as 486,532 Deliveries Reset the Bar
GuruFocus

GuruFocus ·

GuruFocus reports: Tesla, the electric-vehicle, energy-storage and autonomy company , rose approximately 0.5% to $380.69 at 10.50am ET on October 6, following its third-quarter delivery report. The company reported 486,532 deliveries against 464,391 vehicles produced. That puts deliveries 22,141 vehicles ahead of output, suggesting Tesla worked through existing inventory. More cars reached customers. The profit question remains open. Energy storage added another substantial number: Tesla…

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