Tesla 2Q24 Deliveries Forecasted at 420K-425K, -10% YoY, +9% QoQ; Below Consensus, Range 410K-425K, Decrease Expected

Analysts from Barclays, UBS, and various sources predict Tesla's second-quarter deliveries to be around 420K-425K cars, a decrease of 10% year-over-year but an increase of 9% quarter-over-quarter. This forecast is below the initial consensus of 442K cars, with expectations ranging between 410K-425K. The estimates have been gradually decreasing in recent weeks.