Tesla's stock has surged 35% from its lows earlier this year, driven by a recovery in demand, particularly in China. Analysts are optimistic about the company's future, with some predicting a significant run in the second half of the year. Tesla is expected to deliver new vehicles soon, which is seen as a sign of progress. Delivery estimates for Q2 2024 vary, with some analysts predicting around 420,000 to 423,000 deliveries, while the Bloomberg-compiled consensus stands at 465,000. Analyst consensus estimates are at 441,000 deliveries, with a target of less than a 3% error. Earnings per share (EPS) estimates for Q2 2024 also vary, with some analysts estimating $0.45 per share, while others predict EPS GAAP at $0.57 and adjusted EPS at $0.64. The company's performance in China is considered crucial for its growth moving forward. Tech analyst Dan Ives believes Tesla's stock will have a massive run in the second half of the year.
Bloomberg-compiled consensus for Q2 deliveries is currently 465K. EPS GAAP = $0.57 EPS adjusted = $0.64 I'm at $0.34 and $0.42 with very, very generous declines in opex. Q2 print won't be pretty at 420K (LOL) deliveries (my estimate, based off reliable @TroyTeslike estimates). https://t.co/WJmwdECO7R
Final estimate of Tesla vehicle sales range for Q2 2024 as of June 30th. Estimating total vehicle sales volume from a low of 407,782 to a high of 420,394. Data sources: U.S.-@ValueExpected, @freshfuel1 Europe-@AlexT18503601 China-@thinkercar #Tesla https://t.co/0Eu14FhAcm https://t.co/wSjx9LjiTo
The table shows my final estimates for Tesla's production and deliveries this quarter. Tesla Delivery Estimates for Q2 2024: • My estimate: 423,000 • Analyst consensus: 441,000 I'm aiming for less than a 3% error as usual. For more details, I've just posted an update on… https://t.co/IfQXBENlS8
Why Tesla’s Future Looks Bright Despite Q2?? Insights from @FutureAZA! • Institutional analysts are increasingly bullish on $TSLA, focusing less on Q2 delivery concerns and more on long-term growth opportunities. • Tesla's Q2 delivery estimates might be lower than expected,… https://t.co/XFockC77Nr
Tesla’s BIG Comeback: Stock To Surge This Year - Analyst $TSLA https://t.co/NZVO5qdeDv
$TSLA | Tesla Rises Ahead Of Crucial Q2 Deliveries $RIVN | Rivian Affirms Goal After Volkswagen Deal $NKLA | Nikola Ropes In Key Customer And More! Biggest EV Stories Of The Week: https://t.co/fuE2xYjPzG
#Tesla's recovery story has begun, tech analyst Dan Ives says: "I believe this is a stock that's going to have a massive run in the second half of the year." $TSLA https://t.co/mlMDba7p3Y
🔥Good news: I reviewed this morning daily reporting countries and Tesla's sales performance has been quite strong. My deliveries estimate increases to 419,992 deliveries for 2Q 2024. My EPS estimate increase to $0.45 per share (from $0.44). Note: the reason why Tesla's 2Q… https://t.co/OkIC5qftXj
The Tesla China growth story is starting to turn around and this is the linchpin of growth for @elonmusk and @Tesla looking ahead @LastCallCNBC 🔥🏆🐂🍿📺👇 https://t.co/YI6rKWVdGv
"The Tesla Recovery Has Begun" • $TSLA's stock is up 35% from its lows earlier this year, making a comeback, especially in China where demand is picking up. • The company is about to deliver new vehicles, showing progress from recent struggles. • Analysts think Tesla's… https://t.co/ROVWnanFHX