Wall Street has grown decidedly pessimistic about Tesla
Tesla delivers are up 40% year over year, that's short of the 50 percent annual growth target Tesla had set for itself.
“No way to sugarcoat this,” Gary Black, managing director of the Future Fund, an investment fund, said on Twitter. He predicted that analysts would reduce their estimates of Tesla sales and profits in 2023. Tesla will report 2022 earnings on Jan. 25.
Tesla said it delivered 405,000 electric cars from October through December. Wall Street analysts had predicted that Tesla would sell around 420,000 vehicles, up from 343,000 vehicles in the third quarter.
Tesla China is key to delivery expectations
China, the world’s largest car market, is a big focus of Tesla investor concerns. The sharp rise of COVID cases in China has weighed on demand and forced the Tesla to periodically suspend production at its biggest factory Tesla Shanghai.
See more on Tesla at The New York Times
コメント