Tesla Stock Jumps 6% on Delivery Beat: Will Earnings Back It Up?
Tesla delivered 486,532 vehicles between July and September, beating the average forecast from 24 analysts by about 24,600. Tesla stock rose 5.5% to $373.55 by mid-morning Friday, according to Yahoo Finance.
The factory did not keep pace, however. Tesla built 464,391 vehicles, so about 22,000 of the cars it handed to buyers were made in earlier quarters.
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