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Tesla Beats Q3 Delivery Estimates, Shares Jump 5%

By Drooid · · How we work

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Story summary
  • Tesla delivered 486,532 vehicles in Q3, surpassing analysts’ estimate of 456,896.
  • The company built 464,391 cars in the quarter, about 6,000 more than Q2.
  • EU registrations rose 52.7% in August and 65.9% through January-August, reviving European sales.
  • Shares jumped over 5% in early trading after the delivery beat, despite a 20% year-to-date loss.
  • Tesla secured up to $30 billion in new credit lines to fund the Semi truck and Roadster projects.