Tesla missed Q4 delivery numbers, is it doom and gloom?
@upupahcai:
Tesla missed its Q4 delivery numbers, total delivery was 405,278 below median consensus of 417,957. Missed Delivery Guidance Significantly In previous Q3 earning calls, tesla guided that they will grow slightly under 50% YoY expecting 1.5 million vehicles to be delivered in 2022. After the latest delivery numbers, tesla grew 40% YoY with 1.31 million vehicles delivered. What is concerning is tesla missing the guidance significantly and hoping more information would be revealed during Q4 earning calls on why was there such a big miss. Tesla Demand in China Troy Teslike reported that there are 25,500 unsold model 3/Y in China might be a red flag on slowing demand. With China government subsidy just ended, Tesla is forced to give a price cut to cover the loss in subsidy and I wouldnt ru