Regarding Tesla, Deutsche Bank Forecasts Deliveries Of 414,000 In Q1 Vs Prior Forecast Of 427,000
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank has revised its forecast for Tesla's Q1 deliveries down to 414,000 from a previous estimate of 427,000, according to Reuters.
March 28, 2024 | 1:30 pm
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Deutsche Bank has lowered its Q1 delivery forecast for Tesla to 414,000 vehicles, down from 427,000.
A downward revision in delivery forecasts by a major bank like Deutsche Bank can lead to negative investor sentiment and potentially lower stock prices in the short term. This is because delivery numbers are a key performance indicator for Tesla and directly impact revenue expectations.
CONFIDENCE 90
IMPORTANCE 90
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