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Tesla Reports More Productive 3Q

Tesla’s third quarter was much more productive than its second. 

The Los Angeles Times reports that the company said it delivered nearly 56,000 Model 3s in the third quarter, a figure about three times higher than that of the second quarter of the year. 

While the number of Model 3s manufactured fit in with recent company estimates, it was less than previously forecast. 

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And the numbers didn’t excite investors. Tesla stock dropped about 3 percent yesterday amid concerns about sustainability.