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Tesla stock slips after EV maker misses estimates on deliveries - TL;DR CNBC

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

Tickers: TSLAGMFRIVN

Keywords: breaking news: technologyearningslobo ev technologies ltdgeneral motors corivian automotive incelon muskbreaking newsbusiness newsford motor counited statesdonald trumptechnologyclimateautoschinatesla inc

Source: https://www.cnbc.com/2024/10/02/tesla-tsla-q3-2024-vehicle-delivery-and-production-numbers.html


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