Tesla beats delivery estimates on sales boost before EV tax credit expiry
Tesla’s third-quarter deliveries trounced analysts’ estimates on Thursday as a rush to buy EVs in the U.S. before the expiry of a popular tax credit more than offset slumping demand for its vehicles in Europe.
Shares of the Austin, Texas-based company were up 3.1% in premarket trading after the Elon Musk-led automaker posted a record quarter for deliveries.
