The stock is down $14.14 (-5.48%) at $243.88.
From Yahooo Finance, October 2:
Tesla (TSLA) announced third quarter deliveries on Wednesday that missed expectations, sending the stock down more than 5% in early trading.
The EV maker delivered 462,890 vehicles in the three months to Sept. 30, up 6.4% quarter over quarter but below the 466,000 EVs the company delivered in the year-ago period.
Wall Street had expected Tesla to deliver closer to 463,897, according to Bloomberg.
The Model 3 and Model Y represented the bulk of Tesla’s overall total, with those two vehicles combining for 439,975 deliveries....
....MUCH MORE
So much for that prognostication. As seen in October 1's "Chartology — Breakout or Breakdown: Tesla (deliveries reported tomorrow, robotaxi etc.) TSLA":
....So, for patient reader, having read this far, here's my two cents worth:
Deliveries will be in-line this month and the next few months and the robotaxi unveil will be written up as a bust. The people who write the headlines hate Elon Musk and nothing he does will ever, ever change that. The financial question is: will the self-driving taxis be contributing to sales and earnings in two years?
Based on the fact that Waymo is now booking 100,000 rides per week I think the answer is yes but your mileage may vary. To repeat the comment on the April earnings call transcript:
Personally I think Musk is going to pull it off, but that's just me—perhaps informed by posting on the company and its stock since before the June 2010 share flotation (which, adjusted for the 5:1 and 3:1 stock splits gives a $1.133 IPO price)—however, there are plenty of other opinions to choose from if one doesn't care for that one....
In late pre-market action the stock is trading up $1.17 (+0.45%) at $262.80 after closing Monday at $261.63 also up $1.17 (+0.45%).
As ZeroHedge put it:
...Tesla reported 462,890 deliveries and 469,796 vehicles produced in Q3 2024. Analysts, based on FactSet StreetAccount estimates, had expected 463,310 deliveries for the quarter ending September 30.Missed it by 420 vehicles.
