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>This was a range that “everyone” said was impossible to reach even at the low end. Really? Because I follow some of TESLAQ on Twitter, and many were expectin
by aguyfromnb 7y ago
>This was a range that “everyone” said was impossible to reach even at the low end.
Really? Because I follow some of TESLAQ on Twitter, and many were expecting 115k delivered this quarter. Consensus was around 110k. One prominent poster had 367k for the year, and was within a fraction of a percent of what Tesla ended up delivering (isn't it odd that analysts can forecast more accurately than the CEO?)
I'm not sure where you are getting the idea that "everyone" said the low end would be impossible. I don't know a single analyst who thought that. Care to provide a source?
>stated in every earnings call and quarterly statement Tesla issued throughout 2019.
I don't think they stated that number in any call except the Q3 call, but you could easily prove me wrong. What he did state, though, that Tesla wouldn't be "self-constrained to 400,000 units" (Q1 call). He also said that Freemont would be producing 8,000 - 9,000 cars per week in Q3 (Q2 call).
>The market speaks for itself.
Ah yes, the old infallible market. What does stock price have to do with anything?
- zaroth 7y agoTesla Q4 2018 Update: > “In total, we are expecting to deliver 360,000 to 400,000 vehicles in 2019, representing a growth of approximately 45% to 65% compared to 2018” [1] Finding a listing of consensus analyst estimates for 2019 made early in the year is a lot harder. But as late as last week the consensus was barely 360k. [1] - https://ir.tesla.com/static-files/0b913415-467d-4c0d-be4c-9225c2cb0ae0 https://ir.tesla.com/static-files/0b913415-467d-4c0d-be4c-92...