Tesla Delivered 486,532 Electric Vehicles In Q3, Beating Estimates. The Stock Is Rising.

Tesla delivered 486,532 electric vehicles in the third quarter, the company reported Friday, easily topping estimates. Tesla stock rose solidly. Heading into the release, analysts had expected Elon Musk’s EV company to deliver 461,000 units in the quarter, according to FactSet. Tesla-compiled estimates from sell-side analysts expected deliveries of 461,974 cars in the quarter, which would have been a 7.1%…

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