Tesla Comes Out With Their Delivery Numbers For The Third Quarter

    Author Stas SerfesPosted on Format VideoCategories Investing VideosTags , , , , , , , , , , , ,

    Tesla’s Delivery Numbers Are Out

    Tesla (NASDAQ:TSLA) just gave us their delivery numbers for the third quarter and the stock is not reacting well.

    It’s actually down over seven percent at the time that I’m filming this video.

    Let’s talk about it.

    And the crazy thing is, year over year these numbers look fantastic, but they missed on estimates, which is why the stock is falling.

    They delivered about 343,000 vehicles in the quarter, as they produce about 365,000.

    And like I said, they missed Wall Street’s estimates, which investors, traders, the stock market, hates it when guidance is missed.

    Wall Street had them delivering about 358,000 vehicles on the quarter, which again, that came in shy, about 14,000 roughly from the estimate.

    But still, like I mentioned, last year in the third quarter, get this guys, look at this growth year over year.

    They delivered a little bit over 254,000 vehicles, so they’re still growing nicely on the year.

    Let me know your thoughts, follow along for more.

    Disclaimer

    Author Stas Serfes
    About the author: Stas Serfes is a stock market investor/trader who owns Strive Smart LLC, a media company that’s amassed millions of views across multiple platforms. Upon graduating college, he realized he wanted to take the entrepreneurial route and create his own path. In 2017 Stas started his Youtube channel “Stas Serfes” where he began creating content on his experiences in the stock market and what he’s learned. This stemmed from his passion about money, business, stocks, and personal finance.