Tesla is an automotive company that manufactures EVs, Solar Panels , Solar Tiles etc.

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At the time of writing, Tesla is trading at 243 USD with 8% down

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This dip is due to third quarter production and delivery report

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According to the delivery report of Tesla, there are 343,000 vehicles delivered in Q3, 2022

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This number is higher than Q2,2022 deliveries of Tesla which was 258,580 Vehicles

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According to analysts expectations, Q3, 2022 deliveries should be 364,660 vechicles

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So actual deliveries in Q3, 2022 is less than analysts prediction, this is the reason for 8% dip in market today

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Goldman Sachs maintaining buy rating for Tesla

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JP Morgan maintaining Underweight rating for Tesla

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Cowen maintaining Market Perform rating for Tesla

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