$TSLA Updates Model Y in China, Wait for The Q3 Delivery Data
1. $Tesla Motors(TSLA)$
On October 1, Tesla officially announced the further evolution of Model Y, and the official guide price range is still 263,900-349,900 yuan. The new car adds multi-color ambient lighting, a new dashboard trim, a new wheel style and other configurations; it is worth mentioning that the new Model Y rear-wheel drive version's acceleration time from 0 to 100 kilometers has been shortened by 1 second, from 6.9 seconds in the current model to 5.9 seconds. This upgrade is only for the mainland Chinese market.
2.Welcome the Upgraded Model Y made by human from China.
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Some netizens think this price range is slightly expensive, but Model Y sales are still among the top three SUV sales in China. Do you think this new car will be beneficial to Tesla’s sales?
3. Q3 delivery information may be disclosed on October 2.
On October 1, Martin Viecha, Tesla’s Vice President of Investor Relations, shared an analyst’s report on Tesla’s car deliveries in the third quarter of 2023. The report compiled data from Bank of America, Canaccord, Citibank, Morgan Stanley, New Street Research and other institutions have forecasted Tesla's third-quarter delivery data. The current consensus forecast is 455,000 vehicles.
Wall Street veteran Gary Black said on social media that Tesla's delivery volume is currently expected to be 445,000 vehicles, while Bloomberg estimates 457,000 vehicles. Taken together, Tesla's vehicle delivery volume in the third quarter is expected to be 445,000-455,000 vehicles. $Tesla Motors(TSLA)$ ’s specific delivery information for the third quarter may be disclosed on October 2.
According to this forecast, $Tesla Motors(TSLA)$ 's deliveries in the third quarter will be less than those in the second quarter. In the second quarter of 2023, Tesla produced a total of 479,700 new vehicles globally and delivered more than 466,100 vehicles. Among them, the production volume of Model S and Model.
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