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DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Tesla's Q1 production and delivery numbers are under scrutiny as the company approaches the end of the quarter. Despite producing their 6 millionth vehicle, concerns arise over potential lower deliveries compared to the same quarter last year. Estimates range from 408,941 to 421,589 vehicles sold in Q1 2024, with expectations of missing the consensus of 443,000 deliveries. Analysts predict a possible year-over-year decline in deliveries for Tesla, marking a significant shift from previous quarters.
With @TroyTeslike 1Q delivs est at 409K vs 423K YoY, this could be $TSLA ‘s first YoY decline since Covid in 2020/2Q, despite 15-20% price cuts, a $7,500 up-front EV credit, and the CT halo effect. WS consensus is 431K median and 443K average so TSLA could be facing both a… https://t.co/I2kOTPM0Bx https://t.co/E8LtQYgdk3
443,000 Tesla IR compiled consensus deliveries for Q1 2024 Seems like Tesla will miss that https://t.co/fKHZbGlM9g
I’ve posted the $TSLA IR-compiled consensus for 1Q delivs on my Subscriber feed.