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Wajeeh Khan

TSLA Stock Pops as Tesla Surprises on Q3 Deliveries

Tesla Inc. Jim Cramer SpaceX

Tesla (TSLA) shares are extending gains on Friday after the electric vehicle (EV) maker posted a better-than-expected Q3 delivery report. TSLA’s vehicle deliveries were down 2.1% on a year-over-year basis, but the raw number of 486,532 exceeded Street expectations of about 461,000 deliveries in total.

Despite a strong update and the subsequent rally, Tesla stock is down more than 15% versus the start of this year.

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