Tesla's third quarter of 2019 surprised both its investors and its "haters" (distractors) because they all expected a poor showing. It was a good surprise.
Tesla built and delivered about 95,000+ cars in Q3, a record number. For the year to date, that's ~255k, and Elon Musk promises a total of about 360,000 by year end. The more built, the more sold, so investors are happy.
After missing various over-optimistic deadlines in the past, there was more good news: the gigafactory in Shanghai, China, is ahead of schedule. Very soon it will be making both batteries and cars for the Asia market. That's going to save a lot of shipping costs.
Coming events include the unveiling of a new pickup truck and the new Model Y crossover.
Tesla's stock went up about 20%.
from Digital Trends
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