Tesla Tops Q3 Views As Cuts Loom Down The Road

By | November 6, 2014

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Citing a record 7,785 sales of its electric Model S, Tesla Motors beat estimates and cleared up some questions about demand Wednesday, but raised other worries in its third-quarter earnings report after the closing bell. Tesla trimmed deliveries guidance for the year from 35,000, which would’ve been up 56% year over year, to 33,000. But CEO Elon Musk tied that to production constraints. Tesla had forecast 7,800 Q3 deliveries. It Scalper1 News

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