Terrible miss but…
Tesla had a terrible miss on its delivery numbers. Almost every analyst is expecting more than 400,000. Yet, they delivered 386K.
This is something that we rarely see. I think the last time Tesla declined YoY and QoQ was during Covid period.
All said, surprised that the share price is down around 5% only at the time of posting this. For such material miss, I was expecting 7-9% at least. Interesting. Was the poor delivery priced in before today?
This is something that we rarely see. I think the last time Tesla declined YoY and QoQ was during Covid period.
All said, surprised that the share price is down around 5% only at the time of posting this. For such material miss, I was expecting 7-9% at least. Interesting. Was the poor delivery priced in before today?
Let see if the dust settle in the next 2 days
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bullrider_21 : Maybe it's saving its fall for its results which are due on Apr 23. I expect the price to fall much more.