Lates News

Tesla reported third-quarter deliveries on Friday that beat Wall Street expectations, as the European market recovered this year after sluggish sales last year. Tesla delivered 486,532 vehicles in the third quarter, above the analysts' average estimate of 456,896. The figures suggest Tesla's core auto business may be stabilizing after two consecutive years of annual sales declines. Tesla needs to deliver at least 311,448 vehicles in the fourth quarter to avoid a third straight annual delivery decline. Analysts expect Tesla's gradual rollout of its Full Self-Driving (FSD) software in Europe to further boost sales growth. FSD is currently approved for use in eight countries.