Investing.com - Tesla delivered 97,000 electric vehicles in the third quarter, falling short of Wall Street estimates, sending the electric automaker's shares down postmarket.
Tesla (NASDAQ:TSLA) was expected to deliver 99,000 vehicles during the third quarter, including 80,200 Model 3s, according to data compiled by FactSet.
CEO Elon Musk stoked expectations last week when he said in an email to employees that the company “has a shot” at delivering a record 100,000 cars.
Tesla fell nearly 5% in after-hours trading, taking its losses for the year so far to about 40%