$Tesla (TSLA.US)$ Tesla's ferocious momentum may stop; the t...
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Tesla's ferocious momentum may stop; the two roadblocks should not be underestimated
Global Market Report· 10/02 11:423 min
Tesla (TSLA.US)
257.518
+4.46%
Source: Global Market Report
$Tesla (TSLA.US) $Car delivery records have been set for four consecutive quarters, but this booming momentum may have to stop in the last three months because the factory has partially shut down.
Tesla shut down some of its facilities during the summer to upgrade its production line. Musk previously warned that this would slow production. Furthermore, as inflation continues to impact household budgets, consumers' willingness to buy bulky items is declining.
Analysts surveyed expect Tesla to announce 456,722 car deliveries for the third quarter as early as Monday, down from 466140 in the second quarter, which means the first drop in deliveries since the beginning of 2022. In recent days, some analysts have lowered their expectations.
Robert W. Baird analyst Ben Kallo wrote in a research report to clients this week that “planned factory shutdowns and demand factors make Wall Street uncertain about Tesla's third-quarter deliveries.” Kallo estimates that delivery volume for the quarter was 439,200 vehicles.
After telling investors in January that Tesla might produce 2 million cars in 2023, Musk said in July that the company would stick to its previous production target of 1.8 million vehicles.
However, even as production slows, Tesla is still trying to maintain high sales volume. In response to inflation and high interest rates, the company has been cutting prices sharply throughout the year.
Its best-selling Model Y currently starts at $50,490 in the US, which is far lower than the starting price of $65,990 in early 2023. Moreover, the company is also a major beneficiary of the “Inflation Reduction Act” passed about a year ago.
As long as Tesla car delivery data is released, there is almost no suspense that the US has sold more than 1 million electric vehicles this year. This is also the first time that the country has crossed this threshold.
Investors and Musk fans are eagerly awaiting Tesla's next model, the Cybertruck, a steel electric truck inspired by Blade Runner (Blade Runner). Social media, particularly Musk-owned X platform (formerly Twitter), is full of images of Cybertruck. However, there is still a long way to go to achieve mass production. Musk said that the first Cybertruck will be held in Austin. At that time, the first Cybertruck can be delivered to customers, but he did not disclose the exact time.
Analysts don't expect Cybertruck to account for a significant portion of Tesla's deliveries anytime soon. This is a very complicated car to build, and they expect production growth to be slow.
Meanwhile, when the factory upgrade is complete, Tesla's production is likely to continue to increase. Analysts expect the company to produce more than 2 million vehicles by 2024.
“Our basic forecast now is that Tesla will deliver around 2.1 million vehicles next year, which is lower than the current general estimate of 2.3 million vehicles,” wrote Emmanuel Rosner, an analyst at Deutsche Bank. “On the plus side, the company isn't trying to drive that much sales, which means there may be less pressure on pricing next year.
Global Market Report· 10/02 11:423 min
Tesla (TSLA.US)
257.518
+4.46%
Source: Global Market Report
$Tesla (TSLA.US) $Car delivery records have been set for four consecutive quarters, but this booming momentum may have to stop in the last three months because the factory has partially shut down.
Tesla shut down some of its facilities during the summer to upgrade its production line. Musk previously warned that this would slow production. Furthermore, as inflation continues to impact household budgets, consumers' willingness to buy bulky items is declining.
Analysts surveyed expect Tesla to announce 456,722 car deliveries for the third quarter as early as Monday, down from 466140 in the second quarter, which means the first drop in deliveries since the beginning of 2022. In recent days, some analysts have lowered their expectations.
Robert W. Baird analyst Ben Kallo wrote in a research report to clients this week that “planned factory shutdowns and demand factors make Wall Street uncertain about Tesla's third-quarter deliveries.” Kallo estimates that delivery volume for the quarter was 439,200 vehicles.
After telling investors in January that Tesla might produce 2 million cars in 2023, Musk said in July that the company would stick to its previous production target of 1.8 million vehicles.
However, even as production slows, Tesla is still trying to maintain high sales volume. In response to inflation and high interest rates, the company has been cutting prices sharply throughout the year.
Its best-selling Model Y currently starts at $50,490 in the US, which is far lower than the starting price of $65,990 in early 2023. Moreover, the company is also a major beneficiary of the “Inflation Reduction Act” passed about a year ago.
As long as Tesla car delivery data is released, there is almost no suspense that the US has sold more than 1 million electric vehicles this year. This is also the first time that the country has crossed this threshold.
Investors and Musk fans are eagerly awaiting Tesla's next model, the Cybertruck, a steel electric truck inspired by Blade Runner (Blade Runner). Social media, particularly Musk-owned X platform (formerly Twitter), is full of images of Cybertruck. However, there is still a long way to go to achieve mass production. Musk said that the first Cybertruck will be held in Austin. At that time, the first Cybertruck can be delivered to customers, but he did not disclose the exact time.
Analysts don't expect Cybertruck to account for a significant portion of Tesla's deliveries anytime soon. This is a very complicated car to build, and they expect production growth to be slow.
Meanwhile, when the factory upgrade is complete, Tesla's production is likely to continue to increase. Analysts expect the company to produce more than 2 million vehicles by 2024.
“Our basic forecast now is that Tesla will deliver around 2.1 million vehicles next year, which is lower than the current general estimate of 2.3 million vehicles,” wrote Emmanuel Rosner, an analyst at Deutsche Bank. “On the plus side, the company isn't trying to drive that much sales, which means there may be less pressure on pricing next year.
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稳重保本 : Which two are road blockers?
Eat Drink Earl Grey : as inflation continues to impact household budgets, consumers' willingness to buy bulky items is declining. /. even as production slows, Tesla is still trying to maintain high sales volume. In /don't expect Cybertruck to account for a large portion of Tesla's deliveries anytime soon
Eat Drink Earl Grey : pick any 2
手可摘星辰OP Eat Drink Earl Grey: