14:17 · 2 October 2020

Tesla delivers 139.3k vehicles in Q3

Tesla
Shares
TSLA.US, Tesla Inc
-
-
  • Tesla delivers 139.3k vehicles in Q3 2020

  • Inventory continued to decline, delivery efficiency improved

  • Stock trades lower in pre-market

Tesla released quarterly delivery figures today ahead of the Wall Street session open. The US electric vehicle manufacturer delivered 139 300 vehicles in the quarter, coming slightly ahead of consensus estimate of 137 000. This marks a 53.7% QoQ increase and 44% YoY increase. Tesla produced 145 036 vehicles in July-September period. The company said that its delivery efficiency continued to improve in Q3 2020 and its inventory declined. In spite of a beat in deliveries, the company is trading lower in pre-market. However, this can be ascribed to a broad stock market sell-off triggered by Trump's coronavirus news and weaker-than-expected jobs data.

Tesla (TSLA.US) approached the resistance zone at $450 yesterday. Should it fail to break above it, a near-term support lies at 38.2% retracement of August upward move, that also coincides with 50- and 200-hour moving averages ($415). Source: xStation5

23 October 2025, 18:19

STMicroelectronics shares down 14% amid mixed future outlook📉

23 October 2025, 16:05

Stock of the Week - Merck & Co Inc (23.10.2025)

23 October 2025, 15:44

Beyond Meat after the sell-off📉Is short squeeze still possible?

23 October 2025, 15:13

Banco Macro gains 5% amid US Treasury help to Argentine peso 🗽

This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

Join over 1.7 Million investors from around the world