Tesla said its target to deliver 1.8 million vehicles this year remained unchanged.
Billionaire investor Bill Ackman would consider deal with Elon Musk’s X: reportElon Musk’s Tesla missed market estimates for third-quarter deliveries on Monday as planned upgrades at its factories forced production halts.
An LSEG poll of eight analysts estimated deliveries of 459,949 vehicles, with the lowest at 442,000 and the highest at 511,405.“While Tesla remains a dominant force in the US EV market for 2023, there is an increasing demand for a wider range of EV options to satisfy the growing consumer interest in electric vehicles,” said Ashwin Amberkar, analyst at the market research firm.
Some analysts believe the factory upgrades could spark a rebound in deliveries in the fourth quarter by allowing Tesla to refresh its line-up with models that could compete better with offerings from US rivals such as Ford and BYD in China.
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