Tesla Record Deliveries Expected. This Is Why It Probably Doesn't Matter For TSLA

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Tesla Record Deliveries Expected. This Is Why It Probably Doesn't Matter For TSLA

Investor’s Business Daily2024-12-24

The fourth quarter is ending soon and Tesla is attempting to shatter its previous delivery record. Analysts see the EV giant setting a new quarterly record for vehicle deliveries, but it remains to be...

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zelia
·2024-12-24
So many many many sour grapes around
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Analysts see the EV giant setting a new quarterly record for vehicle deliveries, but it remains to be...</p>\n\n<a href=\"https://www.investors.com/news/tesla-stock-record-deliveries-expected-but-does-it-matter/\">Source Link</a>\n\n</div>\n","source":"investor_business_daily_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Record Deliveries Expected. 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This Is Why It Probably Doesn't Matter For TSLA\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-24 18:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investors.com/news/tesla-stock-record-deliveries-expected-but-does-it-matter/><strong>Investor’s Business Daily</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The fourth quarter is ending soon and Tesla is attempting to shatter its previous delivery record. Analysts see the EV giant setting a new quarterly record for vehicle deliveries, but it remains to be...</p>\n\n<a href=\"https://www.investors.com/news/tesla-stock-record-deliveries-expected-but-does-it-matter/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://www.investors.com/news/tesla-stock-record-deliveries-expected-but-does-it-matter/","article_id":"2493683769","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2493683769","pubTimestamp":1735036200,"columns":[],"sourceInfo":{"source_id":"investor_business_daily_highlight","name":"Investor’s Business Daily"},"weMediaInfo":null,"summary":"The company could hit record Q4 deliveries but it may not mean anything for TSLA.","collect":0,"end_time":0,"defaultTopTitle":"investors.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"特斯拉预计交付量将创历史新高。这就是为什么它对特斯拉来说可能无关紧要","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TSLL":1,"TSLA":1},"content_text":"The fourth quarter is ending soon and Tesla is attempting to shatter its previous delivery record. 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The firm wrote that technicals and options are playing an outsized role in the rally and that Tesla shares are now best compared to cryptocurrencies.Tesla Q4 DeliveriesThe EV giant has said it expects \"slight\" vehicle deliveries growth this year, but with the end of the fourth quarter fast approaching, Tesla finds itself looking for answers with unit sales lagging in the U.S. and Europe.The company saw vehicle deliveries rise 38% to 1.8 million in 2023 and while Tesla has said that sort of increase this year is out of reach, it is predicting growth in its automobile segment.\"Despite ongoing macroeconomic conditions, we expect to achieve slight growth in vehicle deliveries in 2024,\" Tesla said in its third-quarter earnings release.Looking further out, Chief Executive Elon Musk proclaimed on the Q3 earnings call that vehicle sales could grow \"20%-30%\" in 2025.With Tesla predicting slight vehicle delivery growth in 2024 vs. 2023's 1.81 million, the EV giant needs 514,925 deliveries in Q4, far more than the Q4 2023 record of 484,507. Analyst consensus currently forecasts 498,000 vehicle deliveries in Q4 and 1.79 million for 2024, according to FactSet.Tesla Stock PerformanceTesla stock on Dec. 11 cleared the company's longtime all-time high of 414.50, which it hit on Nov. 4, 2021. The stock last touched 400 in January 2022, according to MarketSurge charts.Tesla stock has surged in recent weeks in part on hopes that self-driving is finally on the way. Tesla topped the $1 trillion mark on Nov. 8 for the first time in two years. On Nov. 6, Tesla stock gapped up above an alternate handle buy point of 273.54 but was quickly extended.Tesla stock popped 3.2% to 369.49 on Dec. 5, clearing a recent range, which could have offered an add-on entry for existing TSLA holders.TSLA stock is now on the IBD Leaderboard watchlist.Tesla stock ranks first in the 35-member IBD Auto Manufacturers industry group. The stock has a 93 Composite Rating out of a best-possible 99. 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This Is Why It Probably Doesn't Matter For TSLA","url":"https://stock-news.laohu8.com/highlight/detail?id=2493683769","media":"Investor’s Business Daily","summary":"The company could hit record Q4 deliveries but it may not mean anything for TSLA.","content":"<html><head></head><body><p style=\"text-align: start;\">The fourth quarter is ending soon and <strong><a href=\"https://laohu8.com/S/TSLA\">Tesla</a></strong> is attempting to shatter its previous delivery record. Analysts see the EV giant setting a new quarterly record for vehicle deliveries, but it remains to be seen whether that will be enough to propel the company to yearly unit delivery growth. Tesla stock rose Monday.</p><p style=\"text-align: start;\">A Monday note from Barclays estimated Tesla&#39;s total Q4 deliveries at 515,000 units, the magic number which would represent year-over-year delivery growth compared to 1.8 million in 2023. The analysts wrote this will &#34;keep stock&#39;s narrative momentum strong.&#34;</p><p style=\"text-align: start;\">However, the firm believes investor focus on Tesla stock&#39;s fundamentals is generally limited and that a light near-term volume miss &#34;would likely do little to dampen&#34; TSLA&#39;s rally, fueled by President-elect Donald Trump, autonomous vehicle and artificial intelligence.</p><p>Meanwhile, Barclays also wrote that Tesla&#39;s Q4 result is likely &#34;immaterial to the majority of the current Tesla bull case.&#34;</p><p style=\"text-align: start;\">TSLA shares jumped 2.3% to 430.60 during market action on Monday after booking a 3.5% decline last week. The stock is on a 70% tear since Trump&#39;s election win, as investors speculate that self-driving is coming soon, with the Trump administration easing the regulatory path for autonomous vehicles.</p><p>On Wednesday, Tesla stock retreated 8.3% to 440.13, after hitting a record high of 488.54 intraday. Despite last week&#39;s decline, Tesla stock is still above its 21-day line and 50-day moving average. Shares are still in a huge uptrend and due for some consolidation.</p><p style=\"text-align: start;\">Barclays analysts on Dec. 18 wrote the postelection rally in TSLA shares reflects a &#34;sharp disconnect&#34; between the stock and the company&#39;s fundamentals. The firm wrote that technicals and options are playing an outsized role in the rally and that Tesla shares are now best compared to cryptocurrencies.</p><h2 id=\"id_2087101716\" style=\"text-align: start;\">Tesla Q4 Deliveries</h2><p style=\"text-align: start;\">The EV giant has said it expects &#34;slight&#34; vehicle deliveries growth this year, but with the end of the fourth quarter fast approaching, Tesla finds itself looking for answers with unit sales lagging in the U.S. and Europe.</p><p>The company saw vehicle deliveries rise 38% to 1.8 million in 2023 and while Tesla has said that sort of increase this year is out of reach, it is predicting growth in its automobile segment.</p><p style=\"text-align: start;\">&#34;Despite ongoing macroeconomic conditions, we expect to achieve slight growth in vehicle deliveries in 2024,&#34; Tesla said in its third-quarter earnings release.</p><p style=\"text-align: start;\">Looking further out, Chief Executive Elon Musk proclaimed on the Q3 earnings call that vehicle sales could grow &#34;20%-30%&#34; in 2025.</p><p style=\"text-align: start;\">With Tesla predicting slight vehicle delivery growth in 2024 vs. 2023&#39;s 1.81 million, the EV giant needs 514,925 deliveries in Q4, far more than the Q4 2023 record of 484,507. Analyst consensus currently forecasts 498,000 vehicle deliveries in Q4 and 1.79 million for 2024, according to FactSet.</p><h2 id=\"id_1262385519\" style=\"text-align: start;\">Tesla Stock Performance</h2><p style=\"text-align: start;\">Tesla stock on Dec. 11 cleared the company&#39;s longtime all-time high of 414.50, which it hit on Nov. 4, 2021. The stock last touched 400 in January 2022, according to MarketSurge charts.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/bc7b710755378fe26813fc8902a26fc1\" tg-width=\"1210\" tg-height=\"649\"/></p><p>Tesla stock has surged in recent weeks in part on hopes that self-driving is finally on the way. Tesla topped the $1 trillion mark on Nov. 8 for the first time in two years. On Nov. 6, Tesla stock gapped up above an alternate handle buy point of 273.54 but was quickly extended.</p><p style=\"text-align: start;\">Tesla stock popped 3.2% to 369.49 on Dec. 5, clearing a recent range, which could have offered an add-on entry for existing TSLA holders.</p><p style=\"text-align: start;\">TSLA stock is now on the IBD Leaderboard watchlist.</p><p style=\"text-align: start;\">Tesla stock ranks first in the 35-member IBD Auto Manufacturers industry group. The stock has a 93 Composite Rating out of a best-possible 99. Shares also have a 97 Relative Strength Rating and a 78 EPS Rating.</p></body></html>","source":"investor_business_daily_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Record Deliveries Expected. This Is Why It Probably Doesn't Matter For TSLA</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Record Deliveries Expected. This Is Why It Probably Doesn't Matter For TSLA\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-24 18:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investors.com/news/tesla-stock-record-deliveries-expected-but-does-it-matter/><strong>Investor’s Business Daily</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The fourth quarter is ending soon and Tesla is attempting to shatter its previous delivery record. Analysts see the EV giant setting a new quarterly record for vehicle deliveries, but it remains to be...</p>\n\n<a href=\"https://www.investors.com/news/tesla-stock-record-deliveries-expected-but-does-it-matter/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.investors.com/news/tesla-stock-record-deliveries-expected-but-does-it-matter/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2493683769","content_text":"The fourth quarter is ending soon and Tesla is attempting to shatter its previous delivery record. Analysts see the EV giant setting a new quarterly record for vehicle deliveries, but it remains to be seen whether that will be enough to propel the company to yearly unit delivery growth. Tesla stock rose Monday.A Monday note from Barclays estimated Tesla's total Q4 deliveries at 515,000 units, the magic number which would represent year-over-year delivery growth compared to 1.8 million in 2023. The analysts wrote this will \"keep stock's narrative momentum strong.\"However, the firm believes investor focus on Tesla stock's fundamentals is generally limited and that a light near-term volume miss \"would likely do little to dampen\" TSLA's rally, fueled by President-elect Donald Trump, autonomous vehicle and artificial intelligence.Meanwhile, Barclays also wrote that Tesla's Q4 result is likely \"immaterial to the majority of the current Tesla bull case.\"TSLA shares jumped 2.3% to 430.60 during market action on Monday after booking a 3.5% decline last week. The stock is on a 70% tear since Trump's election win, as investors speculate that self-driving is coming soon, with the Trump administration easing the regulatory path for autonomous vehicles.On Wednesday, Tesla stock retreated 8.3% to 440.13, after hitting a record high of 488.54 intraday. Despite last week's decline, Tesla stock is still above its 21-day line and 50-day moving average. Shares are still in a huge uptrend and due for some consolidation.Barclays analysts on Dec. 18 wrote the postelection rally in TSLA shares reflects a \"sharp disconnect\" between the stock and the company's fundamentals. The firm wrote that technicals and options are playing an outsized role in the rally and that Tesla shares are now best compared to cryptocurrencies.Tesla Q4 DeliveriesThe EV giant has said it expects \"slight\" vehicle deliveries growth this year, but with the end of the fourth quarter fast approaching, Tesla finds itself looking for answers with unit sales lagging in the U.S. and Europe.The company saw vehicle deliveries rise 38% to 1.8 million in 2023 and while Tesla has said that sort of increase this year is out of reach, it is predicting growth in its automobile segment.\"Despite ongoing macroeconomic conditions, we expect to achieve slight growth in vehicle deliveries in 2024,\" Tesla said in its third-quarter earnings release.Looking further out, Chief Executive Elon Musk proclaimed on the Q3 earnings call that vehicle sales could grow \"20%-30%\" in 2025.With Tesla predicting slight vehicle delivery growth in 2024 vs. 2023's 1.81 million, the EV giant needs 514,925 deliveries in Q4, far more than the Q4 2023 record of 484,507. Analyst consensus currently forecasts 498,000 vehicle deliveries in Q4 and 1.79 million for 2024, according to FactSet.Tesla Stock PerformanceTesla stock on Dec. 11 cleared the company's longtime all-time high of 414.50, which it hit on Nov. 4, 2021. The stock last touched 400 in January 2022, according to MarketSurge charts.Tesla stock has surged in recent weeks in part on hopes that self-driving is finally on the way. Tesla topped the $1 trillion mark on Nov. 8 for the first time in two years. On Nov. 6, Tesla stock gapped up above an alternate handle buy point of 273.54 but was quickly extended.Tesla stock popped 3.2% to 369.49 on Dec. 5, clearing a recent range, which could have offered an add-on entry for existing TSLA holders.TSLA stock is now on the IBD Leaderboard watchlist.Tesla stock ranks first in the 35-member IBD Auto Manufacturers industry group. The stock has a 93 Composite Rating out of a best-possible 99. Shares also have a 97 Relative Strength Rating and a 78 EPS Rating.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":1,"commentSize":1,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}