Tesla Shares Rise on Big Q4 Delivery Expectations

Shares of Tesla (NASDAQ: TSLA) are up more than 4% on Wednesday, nearing all-time highs. The growth stock's move higher comes as several analysts express optimism about the automaker's shot at hitting its ambitious target for 500,000 vehicle deliveries in 2020.

Achieving a half-million vehicle deliveries in 2020 would mark an impressive milestone for Tesla in the face of substantial obstacles. Tesla endured unexpected setbacks this year when the company was forced to temporarily shut down its factories as it adhered to government orders to pause production to help curb the spread of COVID-19.

Image source: Getty Images.

Continue reading

Source Fool.com