$Tesla(TSLA.US)Tesla at a Crossroads: Can Q3 Deliveries Defy Europe’s Slump?
Tesla’s shares tumbled over 4% after August vehicle registrations in Europe fell a staggering 37% year-over-year, with BYD overtaking Tesla for the second month in a row. Analysts now expect Q3 deliveries to land between 430,000 and 455,000 units, highlighting Europe’s ongoing weakness—even as demand in China and the U.S. holds up.
Tesla’s sky-high valuation leaves little room for error; any delivery shortfall could trigger more market swings. Still, surging growth in energy storage and new model launches may offer hope. With Q3 results on the horizon, investors are watching closely: will management signal a comeback in global sales, or is more turbulence ahead?
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