Did Tesla, Inc.'s Model S Deliveries Rebound in Q3?
With electric-car maker Tesla (NASDAQ: TSLA) slated to report vehicle deliveries for its third quarter next week, one of the more interesting facets of the report will be the company's Model S deliveries. Launched in 2012, the electric vehicle is Tesla's oldest model that is still in production; its sales have been challenged recently.
Though Tesla's Model S deliveries were up 23% year over year in the company's second quarter, the model's deliveries were down 11% sequentially. It has been over a year since Model S sales last peaked. Could Model S sales see another sequential decline in Q3? Or will they pick back up?
Model S. Image source: Tesla.
Source: Fool.com
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