Tesla Outsold Mercedes inthe U.S. in Q3 for the First Time
Tesla (TSLA) and beleaguered CEO Elon Musk had a rough summer in the press, but the car company can also say that it sold more vehicles than rival Mercedes Benz in the third quarter, according to Altherton Research.
Tesla announced that it delivered 69,925 vehicles in the quarter, topping Daimler's 66,542 vehicles, and coming up just shy of BMW by 2,000 vehicles. BMW sold 71,679 vehicles in the period.
Musk's tweeting habits got him in trouble with the Securities and Exchange Commission, which fined him $20 million and forced him to step down as chairman of the company's board.
Tesla shares are down more than 5% Wednesday.
U.S. futures are rising slightly ahead of Wednesday's open as markets look to get back on a positive track after a rocky start to the week.
S&P futures are rising 0.06%, while Nasdaq futures are climbing 0.1%, and Dow futures are rising 0.07%.
Asian markets rose slightly Wednesday, led by the Shanghai Composite which gained 0.18%, while the Hang Seng rose 0.08%, and the Nikkei advanced 0.16%.
European markets were mostly lower, with the CAC 40 falling 0.55%, and the DAX declining 0.5%, and the FTSE 100 was flat with about four hours left in trading.