Tesla Shows Signs of a Possible Jump in Q4

Tesla Shows Signs of a Possible Jump in Q4

Tesla carried out a record number of vehicles and made progress in Germany during September, against the analyst estimates for deliveries in the 3rd Quarter.

Tesla’s Model Y became the number-one-selling EV in Germany for the month, replacing Volkswagen in the number-one spot. Even after this accomplishment, Tesla stock was still down due to the overall market.

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Tesla is showing bearish patterns with a most recent high on Sept. 28 being $289 to the most recent lower point of $270 on Sept. 26. The stock still has not reversed to form.

As of today Tesla stock is $217