US Auto Sales To Pick Up Pace In October With EVs Crossing 9% Market Share, Says S&P Global Mobility
Portfolio Pulse from Anan Ashraf
S&P Global Mobility forecasts a significant 11% year-over-year growth in U.S. light vehicle sales for October, with EVs expected to surpass 9% market share. Tesla aims to boost its annual vehicle delivery volume, needing to deliver over 514,926 vehicles in the last quarter to surpass last year's figures.
October 29, 2024 | 8:12 am
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Tesla aims to increase its vehicle deliveries in the last quarter to surpass last year's total. The company needs to deliver over 514,926 vehicles by year-end to achieve this goal.
Tesla is directly mentioned as aiming to increase its vehicle deliveries in the last quarter to surpass last year's figures. This goal is significant for investors as it indicates potential revenue growth and market share expansion. The news suggests a positive outlook for Tesla's sales performance, which could positively impact its stock price.
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