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Street in Manhattan, New York
Wall Street is a street in the Financial District of Lower Manhattan in New York City. It runs eight city blocks between Broadway in the west and South Street and the East River in the east with a length of just under 2,000 feet. The term "Wall Street" has become a metonym for New York Stock Exchange (NYSE), the financial markets of the United States, American financial services industry, New York–based financial interests, or the Financial District. Anchored by Wall Street, New York has been described as the world's principal fintech and financial center.
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Rivian deliveries jumped 46% in Q3 as Tesla sales fell 2%, highlighting diverging trends as Rivian ramps up production of its R2 SUV.
Tesla just posted a delivery beat that sent shares surging, yet the math behind the stock's valuation tells a far more complicated story about how much upside investors can actually expect.
Europe pushed Tesla past delivery estimates and the stock up 4.65%. Gross margin is 16.83%, down from 21.08% in Q1. Oct. 21 will show if sales pay.