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Tesla Shares Tumble 5% After Missing Quarterly Delivery Estimates

Reuters2024-10-02

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Comment8

  • Dr Rck
    ·2024-10-03
    To reiterate, this Friday there will be again a buying frenzy of TSLA leading to the 10/10 event... expected no are derived from analysts estimation not TSLA internally which to them is probably right on target as long as there 5 to 10% yoy and mom growth!!
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  • Dr Rck
    ·2024-10-02
    To be fair, overall TSLA has made improvements year on year and month on month, despite challenging business environments! And with the improved workforce, I am sure its profit margin will have improved as well on the next report! Plus batteries sales and the upcoming robotaxi and Optimus announcement, the stock will hit at least $260 after the news! 
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  • a4xrbj1
    ·2024-10-02
    Said it already 3 months ago that over 1.8 million that Elon Musk promised in Q2 analyst call is a pipe dream. It will be tough for Tesla to have 1.75 million deliveries in 2024. Besides the pressure on their margin because they are only able to sell their aging cars with 0% interest against all the modern Korean and Chinese EV's. I'd even go so far to predict that Tesla will have trouble making 470k deliveries in Q4. Elon knows that his car business is gone, that's why he's spinning the Robotaxi and Robcs story. But different than his EV business where he was the first and only in the market, both Robotics and Robotaxis are crowded by long time players already. Tesla at $175 at the end of the year, which is still way too overrated for their profit.
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  • tian3479
    ·2024-10-02
    Hello tessla youare buitifull
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  • Mxxww
    ·2024-10-02
    short of 400 cars only LOL
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  • Tiyenger
    ·2024-10-02
    Bye bye tesla 👋 
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  • a4xrbj1
    ·2024-10-02
    Reuters, do your research . Elon Musk has said in Q2 analyst call that he expects deliveries of more than 1.8 million for 2024, so there's a guidance for the whole year. What a bunch of bad journalists Reuters has become or has AI written this article?
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  • Desmondsg
    ·2024-10-02
    Share your opinion about this news…
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