Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Barclays analyst Dan Levy expects Tesla to deliver 415,000 cars in the second quarter, which is below the analyst consensus. UBS forecasts Tesla's Q2 deliveries at 420,000, up 9% quarter-over-quarter. Market expectations for Tesla's Q2 deliveries have been coming down, with the FactSet estimate still at 444,000. UBS sees Tesla missing the market's Q2 delivery target by 25,000. The consensus call is at 442K, down 5% year-over-year, and some estimates suggest 420K, down 10% year-over-year, which would be worse than Q1.
This marks the beginning of the quarterly event in which $TSLA analysts show up to work briefly after 10+ weeks of hibernation/vacation to belatedly slash Tesla delivery targets - which have been obviously too high for months. FactSet est. is *still* 444K for Q2 - 501K for Q4! https://t.co/lquEPvgKhh
Rivian (RIVN) drastically cuts costs as push for first profit ramps up: What to expect in Q2 https://t.co/Ll7p6coffd by @EVPeteJohnson
UBS sees Tesla missing market's Q2 delivery target by 25,000 https://t.co/X0bHTAMV21 https://t.co/eSFO0Ow9HG
