Tesla Announces Quarterly Deliveries Next Week. China Continues To Offer Good News
Posted: Dec 27, 2024
- Tesla (TSLA) expected to announce strong Q4 delivery numbers next week, with China registrations up 12% compared to last quarter
- Barclays estimates Tesla's Q4 deliveries at 515,000 units, predicts stock's growth momentum
- Tesla predicts slight growth in vehicle deliveries for 2024 and possible 20-30% growth in 2025
- Tesla stock is on a 71% tear since Trump's election win, reaching a record high of $1 trillion
- Shares have a 93 Composite Rating, 98 Relative Strength Rating, and 78 EPS Rating; ranks first in the IBD Auto Manufacturers industry group
(Note: Symbols shown as [name] and X are not relevant to the bullet points)
What do people on Reddit think?
🚨 Reddit sentiment: negative - Most comments express skepticism about Tesla's stock performance, criticize the high P/E ratio, mention missed product timelines, and concern about Elon Musk's influence, resulting in an overall negative sentiment. Summarized comments: - Elon Musk's tweets are perceived as indicators for Tesla's stock movement, with some joking about buying calls if he tweets on earnings day - There is skepticism about Tesla's valuation, with comments pointing out its high P/E ratio and doubtful growth - The inconsistency and delays in delivering products like the Semi, FSD, Robo Taxi, and Roadster are noted with criticism about missed timelines - Tesla's sales performance in Europe and the potential negative impact from Elon Musk's controversial endorsements are mentioned - Comments reflect concern about Elon Musk's influence on Tesla's brand image and customer base alienation Stock tickers discussed: $TSLA
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