US EditionTesla Could See Its Worst Quarterly Growth In Years As Deliveries Data Looms
- Tesla will disclose Q1 delivery data tomorrow, amid lowered analyst estimates expecting a year-over-year decline.
- Tesla faces increased competition, negative public sentiment, and poor sales indicators globally, contributing to lowered delivery expectations.
- Analysts at firms like Goldman Sachs and Morgan Stanley slashed Q1 delivery forecasts to between 351,000 and 375,000 units.
- Gene Munster anticipates around 355,000 deliveries, while FactSet reports analyst consensus estimates of 377,592, versus 387,000 last year.
- Lower delivery numbers may reflect a transition to AI and robotics, with analysts citing brand issues and Elon Musk's political activities.
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Gene Munster Warns Tesla's March Delivery Number Will Be 'Ugly' But June Will Be Uglier - Lucid Group (NASDAQ:LCID), NIO (NYSE:NIO)
Deepwater Asset Management's Gene Munster is bracing for disappointing Tesla Inc. delivery numbers when the electric vehicle maker reports first-quarter figures on Wednesday, warning investors that the coming months could be even more challenging.
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Total News Sources17
Leaning Left3Leaning Right2Center3Last UpdatedBias Distribution38% Left, 38% Center
Bias Distribution
- 38% of the sources lean Left, 38% of the sources are Center
38% Center
L 38%
C 38%
R 25%
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