Tesla Sales Surge, Credit-Reporting Bureaus Slide, Berkshire Hathaway Falls
On this episode of Stock Movers: - Tesla (TSLA) reported a surprise record quarter of vehicle sales as US consumers accelerated electric-car purchases before federal tax credits expired.The company delivered 497,099 vehicles worldwide, 7.4% more than a year ago. While that total far exceeds the roughly 439,600 average analyst estimate compiled by Bloomberg, Tesla’s shares slumped Thursday following a record monthly gain in market capitalization. Investors recently looked past Tesla’s first-half sales weakness to Musk’s promises of growth in areas such as driverless vehicles…
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