The stock surge is massive ahead of Tesla's official Q3 report.
Following last week's SEC lawsuit announcement, the stock plunged, but in pre-market trading it's back up big time (real-time stock ticker info here) and there's a solid reason for this.
***UPDATE: Market now open. TSLA at $305. Check here for real-time.
Over the weekend, Tesla made a last-minute push to move Model 3 deliveries at a rapid pace. The push, outlined in an email by Musk, called for an all-out Tesla team effort and we believe it was a success.
But let's examine what some analysts think of Q3 too:
RBC, Joseph Spak
Model 3 production estimate: 52,000, deliveries: 55,400
Goldman Sachs, David Tamberrino
Model 3 production estimate: 50,000, deliveries: 52,000
Cowen, Jeffrey Osborne
Model 3 deliveries: 45,000
Vertical Group, Gordon Johnson
Model 3 production: 52,582
Consumer Edge, James Albertine
Model 3 production: 50,000, deliveries: 55,000
Model 3 production: 47,500, deliveries: 52,000
Now that the analysts have chimed in, what's your take? Offer it up in Comments below.