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Tesla Q3 EV Deliveries Beat Analyst Estimates

The Motley Fool +1 ·

TSLA Tesla Inc
$382.70 +2.05%
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  1. 1Tesla's Q3 EV deliveries of 486,532 units exceeded the analyst consensus estimate of 461,974 units.
  2. 2Tesla's projected revenue for this year is $107 billion, with the automotive segment accounting for over 70% of Tesla's business revenue this year.
  3. 3Tesla reported that its autonomous robotaxi fleet has accumulated over 1 million miles of autonomous driving.

So what's the key point?

Tesla sold 486,532 electric vehicles in the third quarter, which was more than experts expected. Since cars make up more than 70% of its revenue, this result is significant.

Source The Motley Fool +1 · View original ↗

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