Reliable Tesla Number Cruncher Forecasts Biggest Delivery Beat In 3 Years: Fund Manager Says This Could Change The Stock's Narrative
Portfolio Pulse from Shanthi Rexaline
Tesla is expected to report a significant delivery beat for Q3, potentially changing the stock's narrative after a period of negative earnings revisions. Analyst Gary Black and reliable forecaster @Troyteslike predict deliveries exceeding consensus estimates, which could positively impact Tesla's stock.
October 02, 2024 | 6:30 am
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Tesla is anticipated to report a Q3 delivery beat, with estimates suggesting a significant increase in deliveries compared to previous quarters. This could positively impact the stock by changing its narrative and reversing negative earnings trends.
Analysts and reliable forecasters predict Tesla will exceed delivery expectations for Q3, marking a potential turning point for the stock. This could lead to positive sentiment and a reversal of the recent negative earnings revisions, boosting the stock price.
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