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Tesla posts stronger-than-expected quarterly deliveries

Tesla posts stronger-than-expected quarterly deliveries

Tesla beat Wall Street estimates for third-quarter deliveries on Friday, as sales in Europe recovered from last year's slump and made up for weaker demand in the electric-vehicle maker's two biggest markets, the US and China.Shares of the Austin, Texas-based company rose nearly 2% in premarket trading. Through last close, the stock had fallen more than 21% so far this year.The rebound in Europe partially offset the hit to demand from the loss of U.S. tax incentives last year and tougher competition in China.TESLA BEGINS DELIVERING SEMI TRUCKS TO CUSTOMERS AFTER YEARS OF DELAYSThe company deliv...

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