Tesla stock down 4% after company misses estimates on 3Q vehicle deliveries
Tesla Inc.
said late Wednesday it had delivered about 97,000 vehicles in the third quarter, including 79,600 Model 3 sedans. Analysts polled by FactSet had expected the Silicon Valley car maker to sell about 99,000 vehicles, including 80,200 Model 3s, Tesla's mass-market vehicle. Tesla delivered 84,000 vehicles in the third quarter of 2018. The company said it achieved "record" net orders in the third quarter, and is seeing an increase in its order backlog in the current quarter.
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