“Tesla shares dip after third-quarter production and deliveries report”
October 3, 2022
“Shares of Tesla slid about 7% early Monday after the electric vehicle maker released third-quarter production and delivery numbers on Sunday that fell short of analysts’ estimates.
Tesla reported 343,000 total deliveries and 365,000 vehicles produced during the quarter, which missed analysts’ expectations of 364,660 vehicles delivered, according to estimates compiled by FactSet-owned Street Account. Deliveries are the closest approximation of sales reported by Tesla…”
https://www.cnbc.com/2022/10/03/tesla-stock-down-after-third-quarter-deliveries-report-.html
Electric cars are not going to replace gas for many reason. This is not the future. I’m not saying Tesla wont do well but this sector will never own the market. There’s to many problems with electric which makes any type of transition nearly impossible.