Tesla Shares Fall Despite Record Deliveries as Post-Subsidy Demand Concerns Mount
Tesla Shares Fall Despite Record Deliveries as Post-Subsidy Demand Concerns Mount Tesla Inc. (NASDAQ: TSLA) closed down 5.11% at $436.00, a notable decline that occurred despite the electric vehicle manufacturer reporting record third-quarter deliveries. The company announced approximately 497,099 vehicles delivered, exceeding analyst forecasts. However, the market’s reaction suggests investor apprehension regarding future demand. The impressive Q3 delivery figures were largely driven by a rush from customers to claim the $7,500 U.S. EV tax credit before its expiration at the…