APO - Wall Street Breakfast: Can Tesla Hit 2020 Delivery Target?

October, 21 2020 07:12 AM Apollo Global Management LLC Class A Representing Class A Limitied Liability Company Interests

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Can Tesla hit 2020 delivery target?All eyes will be on Tesla's (TSLA) Q3 results this afternoon after the electric carmaker reported record vehicle deliveries earlier this month. Despite a global pandemic and economic upheaval, Elon Musk has stuck to a forecast of delivering half a million vehicles in 2020 and his latest commentary will be of particular note. While several analysts believe the goal is attainable, it would mean Tesla must deliver more than 181,600 vehicles in Q4, a 30% increase from record Q3 deliveries. Good news, bad news Snap (SNAP) soared 24% AH on record Q3 revenues that crushed estimates (+52% to $679M), while attracting the highest-ever number of advertisers to its platform. That's due in part to the summer boycott against Facebook (FB), which

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Wall Street Breakfast: Can Tesla Hit 2020 Delivery Target?

Company Name:	Apollo Global Management LLC Class A Representing Class A Limitied Liability Company Interests
Stock Symbol:	APO
Market:	NYSE
Website:	apollo.com

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