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Delivery Estimates

All articles tagged with #delivery estimates

business-automotive1 year ago

Tesla's Rollercoaster Ride: Delivery Estimates, Shareholder Woes, and Stock Price Outlook

Tesla's (TSLA) Q1 2024 delivery estimates are fluctuating widely on Wall Street, with analysts revising their predictions to as low as 420,000 deliveries, down from previous estimates of 475,000. The overall consensus now stands at around 458,500 deliveries, but some suspect it could be even lower. The company is expected to release its Q1 2024 delivery and production numbers early next week, and anything below 450,000 deliveries would be concerning for Tesla. The decrease in estimates is attributed to concerns about demand and potential production challenges, including the recent arson attack on Gigafactory Berlin.

business2 years ago

Tesla's Q1 Deliveries Beat Estimates with Price Cuts Boosting Sales.

Tesla missed delivery estimates for the first quarter, delivering 422,875 vehicles compared to analyst expectations of 430,008. The electric automaker has been cutting prices to stimulate sales and fend off competition from startups and legacy players, but orders are under pressure from the turbulent economy. Despite hopes that Tesla would win a price war it started, the stock remains more than 50% down from its peak in November 2021.