Tesla's sales performance has shown significant strength across various regions, with notable achievements in China and Korea. In May, Tesla's Model Y was the best-selling vehicle in Zhejiang Province, China, with 6,900 units sold despite its higher price compared to competitors like BYD. Tesla China also extended its zero-interest promotion to July after achieving record sales in June. Analysts have provided various estimates for Tesla's Q2 2024 deliveries, ranging from 407,782 to 465,000 units, with a consensus estimate of 465,000. Earnings per share (EPS) estimates for Q2 2024 vary, with some analysts predicting $0.45 per share and an adjusted EPS of $0.64. Institutional analysts are increasingly bullish on Tesla, focusing on long-term growth opportunities. Tesla is expected to announce its Q2 delivery numbers soon and provide details on energy storage deployment, which reached a record high of 4,053 MWh in Q1 2024.
For the last several quarters, Tesla's price action ahead of production and deliveries has been a good indicator of whether the number will be a beat or a miss. I ascribe this to hedge funds having pretty reliable channel checks they can use to estimate production & deliveries…
Winner! https://t.co/3ZiNDta07r
Tesla extends 5-year 0-interest loan incentive in China https://t.co/sjL0HXBC8B $TSLA
$TSLA 🇰🇷 Tesla Korea registered the highest number of vehicles ever in the country in the second quarter of 2024. We applaud their hard work. Tesla's full production and delivery for the second quarter will be announced tomorrow! https://t.co/D8VrkMquR9 https://t.co/cP3VDMfv2Z
BREAKING: ELON MUSK SAYS THERE IS GONNA BE A *LOT* OF ROBOTS IN THE FUTURE 👀 $TSLA He’s probably referring to Optimus bots! https://t.co/fuG3ghXolf
Give us 19000 weekly China numbers on July 2nd with Q2 P&D delivery numbers ♥️♥️♥️🔥💪 $TSLA Let's go 🤠 https://t.co/Qu7AGFu8eE
Tesla is expected to announce their Q2 delivery numbers this Tuesday between 8AM-9AM ET. Tesla is also expected to share how much energy storage they deployed during the quarter. The company deployed 4,053 MWh in Q1, an all-time record high.
Tesla China says sales hit a "new high" in June, according to their Weibo page. https://t.co/3V5gpMHxtM
#Auto Stocks: To report sales figures for the month of June.
BREAKING: $TSLA CHINA EXTENDS “ZERO-INTEREST” PROMOTION BY ONE MONTH 👀 This promotion led to record sales in China last month! https://t.co/mdxnXfZlAY
$TSLA 🇨🇳 BREAKING: Tesla China extends zero-interest promotion to July after June sales hit new record. If you order a Model 3/Y RWD or a long-range vehicle before July 31, you'll get a five-year interest-free financial plan for a limited time. https://t.co/ugGB8ZQppZ https://t.co/xFUxGMygIJ
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
$TSLA 🇨🇳 After the end of the interest-free promotion, there are rumors that Tesla China may cut prices next quarter. https://t.co/3RmYAQq5VY
Tesla’s BIG Comeback: Stock To Surge This Year - Analyst $TSLA https://t.co/NZVO5qdeDv
BREAKING: CATHIE WOOD SAYS ELECTRIC VEHICLES TO REPRESENT “75% OF GLOBAL SALES” IN NEXT 5-7 YEARS 👀 $TSLA Tesla will be the biggest beneficiary! https://t.co/m231ioAhCF
BREAKING: CATHIE WOOD SAYS SHE BELIEVES $TSLA HAS HIT THE “TIPPING POINT” FOR SELF-DRIVING 👀 Tesla robotaxis could be about to hit the streets! https://t.co/zL8ErrBPxJ
BREAKING: $TSLA MODEL Y WAS BEST SELLING CAR IN ZHEJIANG PROVINCE OF CHINA 👀 This was despite it being twice as expensive as BYD cars! https://t.co/skWyOjFVin
$TSLA 🇨🇳 In May, Tesla's Model Y topped the list of vehicle sales in five provincial administrative districts. The top-selling area was Zhejiang Province, which sold 6,900 units. * Model Y costs more than twice as much as BYD's Qin plus New Energy vehicles. https://t.co/sAJ9dJM6p9
$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
🔥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