Analysts from Barclays, UBS, and various sources predict Tesla's second-quarter deliveries to be around 420K-425K cars, a decrease of 10% year-over-year but an increase of 9% quarter-over-quarter. This forecast is below the initial consensus of 442K cars, with expectations ranging between 410K-425K. The estimates have been gradually decreasing in recent weeks.
UBS: S&P 500 earnings growth to rise 11% this year https://t.co/zlWUoauCkV https://t.co/Lp9vfqhjld
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.
UBS Says Tesla 2Q24 Deliveries Expected To Reach 420K, Down 10% YoY But Up 9% QoQ; New Forecast Below Visible Alpha Consensus Of 445K; Based On Investor Conversations, Expectations Range Between 410K-425K; Final Results Will Prompt Financial Model Reassessment $TSLA - BZG
$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
Barclays analyst Dan Levy expects Tesla to deliver 415,000 cars in the second quarter. That’s below the analyst consensus call.