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02.10.26 - 19:01
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Stocks, Bonds Rise as Weak Jobs Curb Fed-Hike Bets (Bloomberg)
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Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day than "Bloomberg Surveillance." (Source: Bloomberg)...
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02.10.26 - 17:51
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Tesla Delivers 486,432 Vehicles In Q3, Handily Beating Wall Street Forecasts (ZeroHedge)
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Tesla Delivers 486,432 Vehicles In Q3, Handily Beating Wall Street Forecasts
Tesla handily beat expectations on deliveries for Q3 this morning, handing the electric vehicle maker a sizable beat against Wall Street forecasts.
The company delivered 486,532 vehicles during the quarter, well above the roughly 461,000 units analysts surveyed by FactSet had been expecting. Tesla's own compilation of sell-side estimates had put the consensus at 461,974 vehicles, meaning actual deliveries came in roughly 24,500 vehicles, or about 5.3%, above that figure.
Of the 486,532 vehicles delivered, Model 3/Y accounted for 478,237 vehicles.
The better than anticipated result helped Tesla shares rise about 2% Friday morning.
Tesla's quarterly delivery report remains one of the clearest measures of the health of its core business, even as Elon Musk has increasingly argued that the company's long-term value will be determined by businesses that have little to do with selling conventional electric vehicles.
Musk ...
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