From TokenPost · · 40s
Tesla Earnings Test After Delivery Drop
Tesla's Q3 results face pressure as deliveries fall 2% year over year.
In brief
Tesla's Q3 results face pressure as deliveries fall 2% year over year. Tesla reported Q3 vehicle deliveries of 486,532, a 2% drop from last year, with analysts expecting $27.88 billion revenue and 43 cents per share adjusted earnings. Originally reported by TokenPost.
Tesla Q3 Results
Tesla was due to report third-quarter results Wednesday, Oct. 21, after vehicle deliveries fell 2% year over year.
Analyst Expectations
Analysts expected revenue of $27.88 billion and adjusted earnings of 43 cents per share.
Delivery Figures
Quarterly vehicle deliveries totaled 486,532, above market estimates but 2% below the year-earlier count.
The short version
Tesla reported Q3 vehicle deliveries of 486,532, a 2% drop from last year, with analysts expecting $27.88 billion revenue and 43 cents per share adjusted earnings.
