Tesla is trading 4.36% up at ARS 40,240.00 after Q3 deliveries beat analyst estimates.
- On October 2, Tesla reported 486,532 deliveries and produced 464,391 vehicles, fewer than deliveries, helping reduce inventory.
- Reuters reported shares rose more than 3% in early trading after the delivery beat, citing Europe’s recovery offsetting weaker demand in the U.S. and China.
- The Nasdaq rose 1.71% and S&P 500 gained 1.07% following weaker-than-expected jobs data; the broader market backdrop may be supportive.