Tech, Media & Telecom Roundup: Market Talk

Investor’s Business Daily

Tesla Deliveries Loom. Wall Street Is No Longer Expecting A Record.

Analysts are changing their tune on Tesla third-quarter delivery estimates, cutting predictions just days before the EV giant is expected to release quarterly delivery data. With Tesla likely to report its Q3 deliveries on Monday, Oct. 2, Wall Street is predicting the number will undercut the EV giant’s record-setting 466,140 vehicles in Q2. Since the end of July, analysts had forecast Tesla’s Q3 would outpace the second quarter.

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