Tesla (TSLA) Soars After Q3 Delivery Beat as U.S. EV Tax-Credit Rush Lifts Sales
Tesla delivered 497,099 vehicles in Q3, beating estimates as a U.S. rush to claim an EV tax credit outweighed weaker European demand.
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Tesla delivered 497,099 vehicles in Q3, beating estimates as a U.S. rush to claim an EV tax credit outweighed weaker European demand.
Tesla shares climbed 3.56%, signaling bullish momentum despite no explicit catalyst; move appears driven by technical buying and possible short-covering.
Tesla shares jumped about 8% after a filing showed Elon Musk bought nearly $1 billion of stock, lifting investor confidence despite weak EV demand and political distraction concerns.