Logistics Not to Blame for Tesla’s Deliveries Miss. There Is a Bigger Reason.



Tesla


stock was getting hammered after weaker-than-expected third-quarter delivery numbers. Wall Street seems to believe the shortfall was due to logistics. That isn’t what investors are worried about, however. They’re worried about demand.

Tesla (ticker: TSLA) reported Sunday third-quarter deliveries and production of 343,830 and 365,923 units, respectively. Wall Street was looking for about 358,000 units to be delivered.

Source: https://www.barrons.com/articles/tesla-stock-deliveries-logistics-demand-51664814415?siteid=yhoof2&yptr=yahoo