Tesla, Inc.'s Loss Widens Amid Model 3 Production Delays
Electric-car maker Tesla (NASDAQ: TSLA) hit a notable milestone in its third quarter. The company delivered its 250,000th vehicle, making its total vehicle fleet about 100 times larger than it was just five years ago. While the growth is impressive, it's the company's next phase of growth that investors are most focused on. Investors want to see how quickly the automaker can ramp up production of its most affordable vehicle yet -- the Model 3.
In Tesla's third-quarter update, the automaker shared lots of new information about its business, including one on Model 3 production. Here's what investors should know.
Tesla factory. Image source: Author.
Source: Fool.com
Tesla Inc Stock
€203.25
2.100%
Currently there is a rather positive sentiment for Tesla Inc with 72 Buy predictions and 29 Sell predictions.
As a result the target price of 240 € shows a slightly positive potential of 18.08% compared to the current price of 203.25 € for Tesla Inc.
