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Tesla’s car business back on growth path as deliveries beat forecasts

Source: The Globe and Mail

Automotive & EVCompany FundamentalsConsumer Demand & Retail

Tesla's third-quarter vehicle deliveries exceeded Wall Street estimates, putting the automaker on track to end two consecutive years of declining sales. A rebound in European demand is supporting a return to growth even without U.S. tax incentives, improving the outlook for Tesla's near-term sales trajectory.

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