Tesla Shares Drop After Firm Misses Street’s Delivery Estimates

Posted by at 8:22 am on January 2, 2019

 

Tesla announced that it delivered 90,700 vehicles during the fourth quarter — short of anylsts’ forecasts.

Tesla also said it boosted production during the quarter, churning out 86,500 vehicles, up from 80,142 during the third quarter.

The electric car maker’s shares fell by more than 9 percent in morning trading.

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