Tesla broke with tradition by publicly posting analyst estimates showing expected Q4 deliveries of 422,850 vehicles, down 15% year-over-year, compared to Bloomberg's average of 440,907 units. The company appears headed for its second consecutive year of declining annual vehicle sales with 1.6 million estimated deliveries, down over 8% from the previous year. Despite the downbeat outlook, Tesla's stock erased early losses and remains up 14% year-to-date, though trailing the S&P 500's 17% gain.
Tesla Takes Unusual Step of Publishing Downbeat Q4 Sales Estimates
