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Tesla Revenue Seen Stalling Out as Musk Aims for Delivery Record

  • Credit Suisse, RBC predict first revenue drop since 2012
  • CEO seeks 100,000 deliveries, but most will be cheaper Model 3
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Tesla Shares Climb After Musk Tells Staff 100,000 Deliveries Possible

Elon Musk’s ballyhooing about Tesla Inc. possibly setting another vehicle-deliveries record may have diverted attention from the potential for a less-flattering trend: falling revenue.

Analysts at Credit Suisse and RBC Capital Markets are among those predicting Tesla will post lower revenue for the third quarter than a year ago. If there is indeed a decline, it will be a first for the company since 2012 -- the year the Model S started production.