Should You Buy Tesla Stock Before Oct. 2?
Tesla is expected to published Q3 deliveries on Friday, Oct. 2.
Overview
On Friday, Oct. 2 Tesla (NASDAQ: TSLA) is expected to publish its vehicle delivery and production stats for the third quarter. As usual, investors are asking whether it's a smart idea to buy Tesla stock ahead of the print. My take is to treat the delivery numbers as a headline, not a reason to buy shares.
According to data compiled by Visible Alpha, the consensus delivery estimate for Q3 is 456,000. What's interesting is how far apart some analysts are in their forecasts.
Image source: Tesla.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.