Tesla Q3 deliveries beat UBS estimates, energy storage misses
TSLA Tesla Inc
$378.73 +2.20%
View chart & analysis → - 1Tesla's 486,532 vehicle deliveries in Q3 were approximately 5% higher than the UBS consensus for the quarter.
- 2Tesla deployed 13.7 GWh of energy storage products.
- 3UBS maintained a 'Neutral' rating on Tesla.
So what's the key point?
Tesla sold 5% more cars than expected in the third quarter. However, energy storage products fell short of targets, so experts are maintaining a watchful stance on the company.
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