Tesla and the Curious Case of the Confusing Consensus

Tesla


beat delivery estimates as demand is strong. No, wait. Tesla missed delivery estimates with the company’s dramatic early January price cuts having failed to draw in buyers. So … which is it? The answer matters for trading on Monday, but it doesn’t really matter all that much in the long run.

Tesla (ticker: TSLA) reported Sunday that it delivered 422,875 vehicles in the first quarter, up from 405,278 delivered in the fourth quarter of 2022 and a new quarterly record for the company. But was it better than expected?

Source: https://www.barrons.com/articles/tesla-deliveries-confusing-consensus-e285649a?siteid=yhoof2&yptr=yahoo