• Tesla’s Model 3 Story Is Getting Old

    Automaker’s second cut on production guidance since November should make investors nervous

    Tesla’s Model 3 dreams show no signs of turning into reality.

    The company announced Wednesday it delivered 1,550 Model 3 sedans in the fourth quarter. That missed the FactSet consensus of 4,100 deliveries by a wide margin.

    The news continues a long history of company forecasts poor enough to be construed as misleading. Analysts had projected...

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