Tesla Q1 delivery and production numbers topped or missed estimates?
Despite the data showed EV delivery and production exceed expectation, some articles still report $Tesla(TSLA.US$ Tesla missed target. It just showed the bias in some social media reports
Data don't lie but reporter can twist the data. Be critical of what you read online.
Yahoo:
For the quarter, Tesla delivered 422,875 vehicles globally, which is an all-time record for the EV-maker. That figure barely topped street estimates —as complied by Bloomberg —of slightly over 421K deliveries. Tesla also produced 440,808 cars for the quarter, easily topping estimates of 432.5K vehicles.
Reuter:
Tesla Inc on Sunday missed estimates for first-quarter deliveries as a bleak economic outlook and rising competition weighed on the electric automaker's sales.
Tesla delivered 422,875 vehicles compared with analyst expectations for 430,008 vehicles, according to Refinitiv data.
Tesla delivered 422,875 vehicles compared with analyst expectations for 430,008 vehicles, according to Refinitiv data.
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ZnWC OP : It depends on which estimate you quote in your report. You need to read both side - positive or negative review.
THEWIZARD :
THEWIZARD :
THEWIZARD : So, if $Tesla (TSLA.US)$ did deliver slightly more or less than estimates but at lower selling price, what would the likely net profit margin be?
达芬奇的向日葵 : Musk has already personally refuted the rumor on Twitter
ZnWC OP THEWIZARD : Definitely higher margin profit than her competitors because everyone will start reducing the EV price.
ZnWC OP 达芬奇的向日葵 :
TeslaSmurf : Cut the bullshit: Tesla is up 36% year over year while all the car market is struggling… it may go up and down but BYD and Tesla (Tesla still makes 6X profit than BYD) are the clear winners.