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Tesla reports third-quarter deliveries below estimates
Oct 2, 2024 11:01 PM

Oct 2 (Reuters) - Tesla on Wednesday reported

third-quarter vehicle deliveries below estimates as incentives

and low-cost financing failed to lift demand for its aging

models in a highly competitive market.

The EV maker handed over 462,890 vehicles in the three

months to Sept. 30, up 6.4% from the preceding quarter.

Wall Street on average had expected the Elon Musk-led

company to deliver 469,828 vehicles, according to 12 analysts

polled by LSEG.

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