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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts
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To: Sun Tzu who wrote (81633)10/2/2023 9:09:59 AM
From: Sun Tzu1 Recommendation

Recommended By
towerdog

   of 97597
 
With perfect hindsight, I should not have covered my TSLA shorts and perhaps even covering the oil short may have been a mistake.

cnbc.com

During the previous quarter, Tesla reported total deliveries of 466,140 and total vehicle production of 479,700.During the same period in 2022 Tesla reported total vehicle production of 365,923 and deliveries of 343,830.

“A sequential decline in volumes was caused by planned downtimes for factory upgrades, as discussed on the most recent earnings call,” the company said. “Our 2023 volume target of around 1.8 million vehicles remains unchanged.”

Shares of Tesla were down about 3.7% in premarket trading.

...

Wall Street was expecting Tesla deliveries to reach 461,640 for the period ending Sept. 30, according to a consensus of analysts polled by StreetAccount. An independent Tesla researcher, who uses the handle Troy Teslike on social media, was expecting deliveries of 441,000 vehicles.
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