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How Will Tesla (TSLA) Stock React to Delaying Model 3 Delivery Estimate?

NEW YORK (TheStreet) -- Tesla Motors (TSLA) pushed back its Model 3 vehicle delivery estimate to mid-2018 or later, CNBC reports.

The electric car maker's website now says: "Production begins late 2017. Delivery estimate for new reservations is mid 2018 or later."

In an archived version of the website from August, Tesla said that deliveries begin late 2017.

Shares of Tesla were higher in midday trading...