Tesla missed its Model 3 production target of 2,500 vehicles a week, but stock popped anyway

Tesla missed its Model 3 production target of 2,500 vehicles a week, but stock popped anyway

6 years ago
Anonymous $gIi3-PxxKB

https://www.cnbc.com/2018/04/03/tesla-first-quarter-production-totaled-34494-vehicles-40-percent-increase-from-previous-quarter.html

Tesla shares briefly jumped almost 7 percent Tuesday morning, despite the fact that the company fell short of its goal of producing 2,500 Model 3 sedans a week.

The company also said it will not require an equity or debt raise this year, apart from standard credit lines.

Tesla missed its Model 3 production target of 2,500 vehicles a week, but stock popped anyway

Apr 3, 2018, 2:32pm UTC
https://www.cnbc.com/2018/04/03/tesla-first-quarter-production-totaled-34494-vehicles-40-percent-increase-from-previous-quarter.html >Tesla shares briefly jumped almost 7 percent Tuesday morning, despite the fact that the company fell short of its goal of producing 2,500 Model 3 sedans a week. >The company also said it will not require an equity or debt raise this year, apart from standard credit lines.