Tesla (NASDAQ: TSLA) released its Q3 2023 delivery figures today, showing it delivered 435,039 units while producing 430,488. Analysts are reacting to the miss as Wall Street recently cut their predictions of what Tesla would report due to planned production stoppages as plants were shut down throughout the quarter to make way for plant upgrades.
Wall Street consensus estimates slated the delivery numbers at around 455,000 units. Tesla posted numbers that represented a 7 percent reduction from Q2 but a 27 percent growth compared to Q3 2022.
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