Tesla, Inc. (NASDAQ:TSLA) is scheduled to report its second-quarter deliveries ahead of the market open on Tuesday and as analysts finetune their expectations, a bullish fund manager chose to err on the side of caution.
What Happened: Tesla will likely report second-quarter deliveries of 420,000 units, which would mark a 10% year-over-year drop, said Future Fund Managing Partner Gary Black. The company-compiled consensus is 437,800 units and the consensus estimate compiled by Bloomberg is 439,300, the fund manager said. Black's estimate is 4.1% below the company-compiled consensus and 4.4% below the Bloomberg-compiled consensus.
Black also noted that Tesla forecaster Troy Teslike's final second-quarter estimate is at 423,000 units, upwardly revised from his prior estimate of 416,000 units.
Commenting on the estimates, Ross Gerber, CEO of Gerber Kawasaki Wealth and Investment Management, said, "420 seems low but a special number." Gerber and Black are among the fund managers who have trimmed their Tesla holdings amid the stock's downturn. They have been highly critical of some management strategies, with Gerber particularly critical of CEO Elon Musk's reduced focus on his flagship electric-vehicle venture and the board's failure to its fiduciary duty.
Gerber apparently feels Black's below-consensus estimate is still a low number. His reference to 420 as a special number is due to the fact that it is a cannabis-culture-related number. Incidentally, Musk also has a fascination for the number and often references it mostly jovially in his posts on his social-media platform X.
Why It's Important: The second-quarter deliveries update is a key catalyst that can add further momentum to the rally Tesla shares have witnessed in recent sessions following a protracted downturn. The stock rose 6.05% on Monday before ending at $209.86, according to Benzinga Pro data.
Tesla's first-quarter deliveries fell 8.5% year-over-year and over 20% sequentially to 386,810 units.
Wedbush's Daniel Ives pins his hope on a "mini-rebound" in Tesla sales that may have occurred toward quarter-end. The analyst believes that the second-quarter softness has already been absorbed by the market. Now, investors are intensely focused on the company's trajectory in the second half of the year, particularly its progress in AI and robotics, and the upcoming Robotaxi event on Aug. 8.
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特斯拉公司（纳斯达克股票代码：TSLA）计划在周二市场开盘前公布其第二季度的交付数据。分析师调整了其预期，一位看好的基金经理选择谨慎处理。
发生了什么：Future Fund 资管合伙人 Gary Black 表示，特斯拉可能会报告第二季度 42 万辆的交付数量，这标志着同比下降了 10%。公司编制的共识是438,000辆，而彭博社编制的共识则是439,300辆。Black的估计低于公司编制的共识的4.1％，低于彭博编制的共识的4.4％。
Black 还指出，特斯拉预测师 Troy Teslike 的第二季度最终估计为 42.3 万辆，高于其之前的估计 416,000 辆。
Gerber Kawasaki 财富和投资管理公司的 CEO Ross Gerber 评论称，“420 似乎太低，但这是一个特殊的数字。” Gerber 和 Black 是那些在特斯拉股票下跌期间减持股票的基金经理之一。他们对一些管理战略非常批评，特别是 Gerber 对首席执行官 Elon Musk 减少关注旗舰电动汽车公司及董事会未尽其受托责任的批评。
Gerber 显然认为 Black 的低于共识的估计仍然很低。他将 420 视为一个大麻文化相关的数字。值得一提的是，Musk 也对该数字有着痴迷，并在他在社交媒体平台 X 中的帖子中经常开玩笑地提到它。
为什么它很重要: 第二季度的交付数据更新是 Tesla 股票近期见证的持续下跌的关键驱动因素之一。根据 Benzinga Pro 数据，周一该股上涨了6.05％，收于209.86美元。
特斯拉第一季度的交付量同比下降了8.5％，环比下降了20％，为 38.6810 万辆。
Wedbush 的 Daniel Ives 把希望寄托在 Tesla 销售的“小反弹”上，可能已在季末发生。分析师认为市场已经吸收了第二季度的疲软。现在，投资者密切关注公司在下半年的发展轨迹，特别是在人工智能和机器人领域的进展，以及8月8日即将到来的 Robotaxi 活动。
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