share_log

Tesla Could Report Slight Q3 Deliveries Miss Amid Musk's Political Controversies – Munster Explains Why It Won't Hurt The Stock

Benzinga ·  14:15

Tesla, Inc.(NASDAQ:TSLA) is likely to release its third-quarter deliveries report either Tuesday or Wednesday, and most on the sell-side are optimistic about the company outperforming expectations.

What Happened:Tech venture capitalist and Deepwater Asset Management Managing PartnerGene Munstersaid in a post on X he is modeling a slight miss. He isn't losing sleep over it. "This should be a 'heads Tesla wins, tails they don't lose number' because deliveries should return to growth."

The Street currently estimates Tesla's third-quarter deliveries to come in at 465,000, a 7% year-over-year increase, Munster...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment