Tesla reports record quarterly deliveries but misses estimates


Source: reuters.com reuters.com

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Summary Summary Companies Rare for Tesla to deliver less than it produces Tesla stock in 2022 had its worst year since going public Jan 2 (Reuters) - Tesla Inc (TSLA.O) on Monday reported record production and deliveries for fourth-quarter electric vehicles, but it missed Wall Street estimates, burdened by logistics problems, slowing demand, rising interest rates and fears of recession. The world's most valuable automaker delivered 405,278 vehicles in the last three months of the year, compared with Wall Street expectations of 431,117 vehicles, according to Refinitiv data. The company had delivered 308,600 vehicles in the same period a year...