EXCLUSIVE: Tesla Delivery Prediction Expert Expects Lower Numbers Than Analysts, Says China 'Not Exactly A Recovery'
Portfolio Pulse from Chris Katje
Tesla Inc (NASDAQ:TSLA) is expected to report lower second-quarter deliveries than analysts' estimates, with significant focus on China. Expert Troy Teslike predicts 423,000 deliveries, lower than the consensus of 441,000. Analysts have mixed views on Tesla's future, with some seeing potential in upcoming events like the Aug. 8 robotaxi day.

July 01, 2024 | 8:08 pm
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Tesla is expected to report lower Q2 deliveries than analysts' estimates, with significant focus on China. Expert Troy Teslike predicts 423,000 deliveries, lower than the consensus of 441,000. Analysts have mixed views on Tesla's future, with some seeing potential in upcoming events like the Aug. 8 robotaxi day.
The lower delivery estimates for Q2, particularly in China, suggest potential short-term negative impact on Tesla's stock price. However, upcoming events like the Aug. 8 robotaxi day could provide future growth catalysts.
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