Tesla stock slips after EV maker misses estimates on deliveries
Publishing timestamp: 2024-10-02 13:06:11
Summary
Tesla posted third-quarter delivery and production numbers, missing analyst estimates. The stock fell after the report, but the company faces increasing competition, especially in China. Despite this, Tesla's stock price jumped 32% in the quarter. The company is expected to focus on profit margins in its upcoming earnings report.
Sentiment: MIXED
Keywords: breaking news: technology, earnings, lobo ev technologies ltd, general motors co, rivian automotive inc, elon musk, breaking news, business news, ford motor co, united states, donald trump, technology, climate, autos, china, tesla inc,
Source: https://www.cnbc.com/2024/10/02/tesla-tsla-q3-2024-vehicle-delivery-and-production-numbers.html