Tesla beats estimates for fourth-quarter deliveries

[January 03, 2020]   (Reuters) - Tesla Inc beat Wall Street estimates for vehicle deliveries in its fourth quarter on Friday, boosted by higher demand for its mass-produced Model 3 sedans.

Tesla said it delivered 112,000 vehicles in the fourth quarter, including 92,550 Model 3 sedans and 19,450 Model S/X SUVs, above expectations of 104,960 vehicles, according to IBES data from Refinitiv.

(Reporting by Munsif Vengattil in Bengaluru; Editing by Arun Koyyur)

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