Tesla Q3 Deliveries Miss on Both Cars & Energy Sales

Despite aggressive low-interest-rate loans, Tesla's Q3 deliveries were weaker than expected and Q3 consensus earnings estimates now look overly optimistic

Since a near-term low of $180 on August 5th, Tesla’s stock surged by 30% (versus only 10% for the Nasdaq 100) due to high expectations of a Q3 delivery beat and new revelations on Robotaxi Day on October 10th.

Q3 deliveries were pretty bad versus the built-up expectations and Tesla’s stock is down by 4% as I write (though call buying might push it up to…