🟢 Tesla is trading 4.33% up today after Q3 deliveries beat estimates

Tesla is trading at €331.25, up +4.33%, after Q3 deliveries beat analyst estimates.

• Tesla delivered 486,532 vehicles in Q3, above estimates of about 462,000; deliveries fell 2.1% year over year.
• Reuters and CNBC reported shares rose more than 5% on October 2 after the delivery report, with the beat the clearest explanation for the move.
• Elon Musk confirmed discussions with TSMC about the Terafab chip project, but the reported reaction was tied to the delivery beat.