With investors and sell-side analysts alike focused on Tesla’s upcoming robotaxi reveal event in August, the EV giant’s ongoing demand-related malaise has taken somewhat of a back seat, substantially reducing the importance of today’s quarterly delivery report in the process. This periodic delivery disclosure, however, continues to retain utility in helping investors to sniff out signs of a sustainable recovery in the demand for Tesla’s product mix. $TSLA last-minute thoughts:1/ TSLA’s IR-compiled 2Q delivs consensus is 437.8K vs Bloomberg average of 439.3K.2/ @Troyteslike final 2Q estimate of 423K compares to prior estimate of 416K. See today’s interview published by Benzinga […]
Read full article at https://wccftech.com/teslas-days-of-finished-goods-inventory-metric-falls-on-delivering-443956-units-in-q2-2024/
