Tomorrow’s $Tesla(TSLA.US) 2Q deliveries could be a “buy the news” event, given low expectations going into the release. That said, I believe TSLA will miss expectations (my est 370K -17% YoY vs WS 385K -13% YoY), but I’m not sure it matters as everyone is focused on if and when TSLA robotaxi can scale, given that the Austin test still had a safety driver in the passenger seat and there were a few disengagements.
$Tesla(TSLA.US) -25% YTD vs NDX +7% so market already knows 2Q deliveries will be bad, plus Omead Afshar’s departure right before quarter end confirmed it.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
