Analyst on Tesla deliveries: 'Patient is stabilized'
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- Опубликовано: 2 окт 2024
- Tesla (TSLA) stock is facing downward pressure after falling short of it's highly anticipated third-quarter delivery expectations. The company reported 462,890 deliveries, slightly below the Bloomberg estimate of 463,897. William Blair group head of energy and sustainability research sector Jed Dorsheimer joins Morning Brief to discuss his outlook on the automaker. Dorsheimer notes that the growing optimism in delivery estimates on Wall Street was closely tied to Tesla's rising stock price. Consequently, he says, "it's not surprising to see a pullback" now that the numbers have missed expectations. Despite this setback, Dorsheimer points out that this quarter demonstrates Tesla's stabilization ahead of "some key catalysts" for the business, including the upcoming robotaxi event and the Shanghai energy business. Importantly, Dorsheimer emphasizes the significance of Tesla's energy business and its potential impact on the company's future growth. He states, "Our grids are stressed to the max right now and that's a global statement. And so looking at Megapack as a solution for a portion of that, that demand in our opinion could be as much as what we're seeing on the vehicle side."
#stockmarket #stocks #TESLA
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How is this a miss
It will pump next week
this is the pump and dump cycle.
Seems like the male Yahoo Finance Reporter has no idea what the Tesla Megapack is.
Tesla shoulds not be falling.Sorry.
It should be tanking. Tesla Shanghai was shut down Q3 2023, Q3 2024 was the easiest quarter for Tesla to beat this year and even at that they just barely met expectations. Full year sales will be down for 2024 as compared to full sales year 2023.
Why??
@@tweesttopher3035simple, everyone who can afford these cars already bought one. This quarter was boosted by MASSIVE discounting and incentives which will hit Tesla financially by buying down all of these rates. My guess would be Elon wanted to pump this quarter with hopes 10/10 will rebound interest in the company
It seems Yahoo Finance analysts are having a hard time grasping Tesla's Energy business. They can't seem to move beyond defining Tesla solely as a car company.
Nah, Tesla's main generator of revenue and profits (their cars) are down for the year. The only reason Tesla beat Q3 2023 sales is because Tesla Shanghai was shut down for a few weeks in Q3 2023 to make way for the Model 3 refresh which affected production at Tesla Shanghai. Tesla's sales will be down for 2024 as compared to 2023.
No. You believe any car company that is producing 1.9 million cars should be at 800B 😂
It’s calculated in………….. I mean I don’t even know how to start explaining this to someone who thinks a top ten traded company that makes 1/5th what Toyota makes is far higher than Toyota. I wonder why that is…..