Tesla Inc. (TSLA) is expected to report its Q2 2024 deliveries in about 8 days. UBS forecasts approximately 420,000 deliveries, which would represent a 10% year-over-year decrease but a 9% quarter-over-quarter increase. RBC has lowered its Q2 delivery estimate to 410,000 from a prior estimate of 533,000, citing tracking data. Market consensus, according to FactSet, remains at 444,000 deliveries. Tesla's China vehicle registrations for the week of June 17-23 were strong at 17,500, reducing the year-to-date gap versus 2023 to 13,300 vehicles. Tesla Model 3 Performance is reportedly selling well in China.
How many Cybertrucks? https://t.co/nrDIg9b6PW
On April 17 2024 there were 3,878 Cybertrucks On June 19 2024 there were 11,688 Cybertrucks So 7,810 Cybertrucks delivered in 9 weeks So an average of 867 Cybertruck deliveries a week over the last two months that’s about 11k a quarter extrapolated out… enough to outsell… https://t.co/q3IIUt4IGo
RBC sees Tesla missing Q2 deliveries consensus by ~4% https://t.co/DIRKM7tSNm https://t.co/BNIRvKBabf
$TSLA | Watching Tesla; RBC Capital Markets Issues Note Headlined "Qtrly Delivery Tracking Causes Us To Lower Our Q2 Numbers" - Estimates Deliveries Of 410K In Q2, Down 23% Vs Prior Est Of 533K, 4.3% Below Consensus Based On Registration Data, App Downloads
TESLA INC: RBC EXPECTS Q2 DELIVERIES OF 410,000 VS PRIOR ESTIMATE OF 533,000
$TSLA +3% today - China weekly registrations were highest of the year at 17.5K - led by highest M-3 registrations since Nov Highland launch. Good to see that fundamentals still matter.
$TSLA TESLA INC: RBC EXPECTS Q2 DELIVERIES OF 410,000 VS PRIOR ESTIMATE OF 533,000
$TSLA RBC lowers 2nd qtr numbers.
$TSLA: Strong 💪 China numbers https://t.co/brbHtk91qF
Now we know (again) how many Cybertrucks were built thanks to yet another recall (and possibly delivered for part). It’s been about 7 months since launch and that’s about 1,700 per month on average @danahull @TroyTeslike https://t.co/mvR6L2rDlC
11,383 Cybertrucks are on the road through late June. I think the street estimates for this year are ~50k range. Ives forecasts 250k of sales in 2025. NGMI $TSLA https://t.co/nsgPkNYCVe
This is my final Tesla 2Q deliveries estimate: 412,919 deliveries, implying a +6.7% (+26.1K vehicles) increase over Q1's 386,810 vehicles. Primary drivers (QoQ): 1) Strength in U.S., China, and RoW. 2) Weakness in Europe. This is a reduction vs my prior 2Q estimate (old:… https://t.co/gzFoYN5lQg
Tesla Model 3 Performance is selling A LOT in China ♥️ @Tesla @elonmusk @WholeMarsBlog @ValueAnalyst1 @TSLAFanMtl https://t.co/xrPBx3jsBk
🔥NEWS: Tesla China vehicle registrations came in at a strong 17,500 (week 17-23 June), implying a reduction of the YTD gap vs 2023 to just 13,300 vehicles. At 132.3K vehicles, QTD 2Q is significantly (+15.8K vehicles) ahead of QTD 1Q's 116.5K vehicles. You can see (chart 2)… https://t.co/pxI1p8lxX7
This marks the beginning of the quarterly event in which $TSLA analysts show up to work briefly after 10+ weeks of hibernation/vacation to belatedly slash Tesla delivery targets - which have been obviously too high for months. FactSet est. is *still* 444K for Q2 - 501K for Q4! https://t.co/lquEPvgKhh
UBS sees Tesla missing market's Q2 delivery target by 25,000 https://t.co/X0bHTAMV21 https://t.co/eSFO0Ow9HG
Tesla (TSLA) is expected to have tough quarter for deliveries again https://t.co/sH38j0ejGP by @fredericlambert
BREAKING: UBS FORECASTS $TSLA Q2 DELIVERIES AT 420K, UP 9% Q/Q 👀 How much of those will be Cybertrucks ? https://t.co/raT3OOMpBN
UBS forecasts Q2 2024 Tesla $TSLA deliveries at ~420K, which would be -10% YoY but +9% QoQ.
$TSLA UBS FORECASTSQ224 TESLA DELIVERIES AT ~420K, WHICH WOULD BE -10% Y/Y BUT +9% Q/Q
The next $TSLA data point is 2Q deliveries, due out in about 8 days. IMO WS remains way too high at 442K -5% YoY. My 2Q estimate is now 420K -10% YoY which would be worse than 1Q -8.5% YoY. WS 2Q delivery ests have been coming down in recent weeks but are likely to fall more… https://t.co/O0vk5L6Bbx