Latest Tesla's Q1 delivery estimates
$Tesla Motors(TSLA)$ is expected to release its Q1 2024 delivery numbers on Tuesday, April 2, Eastern Time.
Previously, the consensus was 468,000 to 479,000 vehicles, which is slightly down quarter-to-quarter, but still up year-over-year. Analysts recently lowered their expectations to the range of 425,000 to 440,000.
For the fourth quarter of 2023, the delivery data was 495,000, while for the first quarter of 2023, it was 441,000. This means that the latest forecasted data would show a decline both year-on-year and quarter-on-quarter.
Tesla's stock price has rebounded recently. However, the Q1 delivery data will be a watershed moment, determining whether the stock price will go to 150 or rebound to 200. I have compiled the latest expectations for delivery data from major institutions and compared them to previous estimates.
Among them, Morgan Stanley and Goldman Sachs have given the latest delivery data estimates of 425,500 and 435,000, respectively.
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- BurnellStella·03-28You raise an interesting point about Tesla's upcoming Q1 delivery data.LikeReport
- cheeryk·03-28Really appreciate your hard work.LikeReport
- JimmyTurner·03-28👍LikeReport
- Tom Chow·03-29niceLikeReport
- YueShan·03-29Good⭐️⭐️⭐️LikeReport