A.111
2023-04-02

After the start to the year Tesla shares have had, first quarter deliveries better beat Wall Street expectations.


If historical patterns hold, $Tesla(TSLA.US)$ is due to report first quarter deliveries on Sunday. Wall Street projects about 420,000 units, which would be a quarterly record.


That is an average of dozens of analysts, and there isn't much rhyme or reason to which analyst projects more or less than the average. A Tesla bear, GLJ research analyst Gordon Johnson, expects a beat. He is modeling about 425,000 deliveries. Johnson rates shares Sell and has a $24.33 price target for the stock.

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Comments

  • YvetteGunther
    2023-04-05
    YvetteGunther
    I imagine that margin comes into play here because of the cultish following. $175./shr. this Summer, long term holders should probably write options against your shares.
  • fishinglo
    2023-04-05
    fishinglo
    great competition is heating up from all side tesla will have challenging quarter this time. Time will tell since time is nobody's friend.
  • YaleBrewster
    2023-04-05
    YaleBrewster
    I thought those big production numbers from the last quarter would boost TSLA but apparently not.
  • jeffry09
    2023-04-05
    jeffry09
    TSLA had a steep drop, appears the selling lost steam. 215 then 240.
  • YeddaJohnson
    2023-04-05
    YeddaJohnson
    Stocks could fall back to the 2022 low im ready to load up
  • NiceOne
    2023-04-02
    NiceOne
    Quite an extraordinary analysis, man. You're amazing!
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