Tesla is expected to publish its Q3 2023 earnings on October 18, reporting on a quarter that saw the company’s deliveries take a hit due to planned factory shutdowns w.
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Shares of the electric vehicle maker hit all time highs. It became the most valuable company ever added to the S&P 500 Index (SPX). And, with a little rounding, the company hit its promised target of half a million deliveries. Because investors tend to closely watch production and delivery numbers, it's an important milestone that Tesla Inc (NASDAQ: TSLA) said it delivered 180,570 vehicles in the last three months of 2020, bringing the year's total deliveries to 499,550. In January 2020, the company said deliveries should "comfortably exceed" that milestone. But investors can probably forgive TSLA for not technically hitting the 500,000 mark given the crazy ride that was 2020, when TSLA had to suspend production in California and China because of the coronavirus. Looking ahead to TSLA's Q4 earnings report and conference call after the close Wednesday, investors are likely going to want to hear more details about production, especially after CNBC reported a