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TSLA / Tesla factory shutdowns to drag on 3Q delivery numbers

Tesla factory shutdowns to drag on 3Q delivery numbers
Analysts at Wedbush believe longer-than-expected downtimes at Tesla Inc (NASDAQ:TSLA)'s Shanghai and Austin factories will have negatively impacted the electric car marker's third quarter delivery numbers, which they expect will be released on Monday morning or as early as Sunday night. “While from a demand perspective we believe Tesla was on track to hit 460,000 to 465,000 in the quarter, the longer-than-expected downtimes of the factories in Shanghai and Austin caused likely about 20,000 units to shift into 4Q based on our estimates,” they wrote in a note to clients. Read More
Posted: Sep 29 2023, 14:13
Author Name: Proactive Investors
Views: 092051

TSLA News  

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By Market Watch
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By Proactive Investors
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By The Motley Fool
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By Market Watch
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