Tesla’s investor relations team shared an analyst’s report on Tesla’s car delivery volume in the third quarter of 2023. The current consensus is 455,000 vehicles. Wall Street veteran and Tesla bull Gary Black said on Taken together, Tesla’s vehicle delivery volume in the third quarter is expected to be 445,000-455,000 vehicles.
It is noted that Tesla Vice President of Investor Relations Martin Viecha said that the delivery reports prepared by the company come from many companies, including Bank of America, Canaccord, Citibank, Morgan Stanley, New York Street Research et al.
Tesla has not officially announced the date for the release of its delivery and production report for the third quarter of 2023. Referring to the release date of previous reports, Tesla may release delivery results sometime on October 2.
Tesla could miss Wall Street’s expectations due to a number of factors, such as the launch of the Model 3 Highland and the transformation of its Shanghai Gigafactory, which has led to lower vehicle production at the plant. “Our target for the year is still 1.8 million vehicle deliveries, although we expect production to be slightly lower in the third quarter because we need to have some shutdowns to do a lot of factory upgrades. Therefore, the production in the third quarter may There will be a slight decline to allow for global factory upgrades,” Elon Musk said on the second-quarter 2023 earnings call.
