Tesla Deliveries Soar in Q3. But What Will Q4 Look Like?

Tesla (NASDAQ: TSLA) investors have been hoping for a return to growth, and the electric-car maker delivered. Third-quarter deliveries were 29% higher than the previous quarter and returned to year-over-year growth. These record quarterly deliveries followed two periods of underwhelming sales in the first half of the year.The timing of a blowout quarter wasn't random. U.S. buyers were racing to complete purchases before the $7,500 clean-vehicle credit ended for vehicles acquired after Sept. 30, and Tesla's refreshed Model Y helped convert interest into orders. The result was a headline-grabbing surge in the deliveries that refocused attention on the company's growth story.But can momentum persist in Q4? The next few months will tell us how much of Q3's strength reflected one-time incentives and how much represented underlying demand that can carry into next year.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool