Tesla Is About to Announce Q3 Deliveries: Here's What to Expect
Shares of electric-car maker Tesla (NASDAQ: TSLA) have soared this year. While this has been great for shareholders, it means expectations are high. This is particularly true for the automaker's third-quarter deliveries, which Tesla will likely report in the next few days. Can the automaker live up to the market's high hopes?
Investors will look for Tesla's quarterly deliveries to return to meaningful year-over-year growth in Q3 after a sluggish second quarter. Though Tesla's second-quarter deliveries were much better than analysts were expecting, they were still down 5% year over year. The electric-car company's factory in Fremont was shut down for nearly half of the quarter, weighing on total deliveries during the period.
Image source: Tesla.https://ts.la/TeslaPressKit
Source Fool.com
