Tesla (TSLA) Q4 2019 Vehicle Deliveries Beat Expectations

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Tesla (TSLA) Extends Gain, up 3%

January 3, 2020 9:33 AM EST

Tesla (NASDAQ: TSLA) Extends Gain, up 3%

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Tesla (TSLA) 4Q Deliveries a 'Major Step Forward' - Wedbush

January 3, 2020 9:06 AM EST

Wedbush analyst Daniel Ives called Tesla (NASDAQ: TSLA) Q4 delivery numbers a 'major step forward'. The analyst noted 4Q delivery numbers that came in at 112,000 vs. the Street's estimate of ~106,000 as Musk & Co defied many skeptics hitting its FY19 delivery guidance of 360,000 - 400,000 units coming in at ~367,500. The all important Model 3 number was 92,550 beating the Street's 87,940 estimate with Model S/X inline at 19,450 compared to the expectation of 19,060.

"This was another major feather in the cap for Musk & Co. by... More