Published On Oct 2, 2024, 10:12 AM
Tesla's stock experienced a 5% decline following the announcement of Q3 delivery numbers that fell short of market expectations. The disappointing delivery figures have raised concerns among investors regarding the company's growth outlook in the competitive electric vehicle market.
Given the disappointing delivery results and the consequent decline in stock price, investors might expect continued pressure on Tesla's shares in the near term. Factors such as competitive pressures, potential supply chain issues, and changing consumer preferences could hinder immediate recovery.
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