UBS and RBC analysts forecast a decline in Tesla's Q2 deliveries to around 420K, down 10% YoY but up 9% QoQ. RBC lowers its estimate to 410K, down from 533K, citing registration data and app downloads.
$TSLA TESLA INC: RBC EXPECTS Q2 DELIVERIES OF 410,000 VS PRIOR ESTIMATE OF 533,000
$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 - Expects Tesla To…
$TSLA UBS in a note today: Tesla's Q2 deliveries now expected to decline year over year amid European weakness. Deliveries estimate now to 420k from a prior view of 471k. https://t.co/6WHDZc98a0 https://t.co/3p4jjyp3P7
Tesla (TSLA) is expected to have tough quarter for deliveries again https://t.co/sH38j0ejGP by @fredericlambert
RBC's Tom Narayan Cuts $TSLA Price Target From $293 to $227 • Narayan still sees potential in Tesla's robotaxi business but lowered expectations due to competition and regulations. • He also predicts Tesla could capture over 20% of the US market share in robotaxis. •… https://t.co/6c7wsvxELM
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
$TSLA | Barclays expects Tesla to report Q2 deliveries of 415,000 units, DOWN 11% YoY and BELOW the consensus estimate of 444,000." However, Barclays believes its estimate is 'somewhat in line with more muted buyside expectations' and suspects the final Tesla-compiled consensus…