Tesla Stock Drops Despite Record Quarterly Deliveries. What Drove the Big Beat.
1. Tesla delivers 497,099 cars in Q3, a record high for any quarter. 2. Strong deliveries attributed to expiring EV tax credits, beating Wall Street estimates. 3. Stock rose 33% in September, but dipped 2.5% post-results. 4. Analysts predict potential market cap of $2-$3 trillion by 2026. 5. Upcoming lower-priced Model 2 and Semi Truck expected as catalysts.