HomeLifestyleMediaTesla (TSLA) Deliveries Expectation Lowered, "Meaningful Downside Risk"

Tesla (TSLA) Deliveries Expectation Lowered, "Meaningful Downside Risk"

There is “meaningful downside risk” to Tesla’s (TSLA) 2024 consensus estimate due to limited volume growth next year, according to Deutsche Bank. Deutsche Bank lowered TSLA’s 3Q deliveries expectations to 440K form 455K. They lowered the 2024 deliveries expectations to 2.1M units from 2.3M. Kevin Green discusses this as TSLA is up almost 100% year-to-date. He then goes over some technical trends that investors need to know about TSLA. Tune in to find out more about the stock market today.

Morning Trade Live

27 Sep 2023

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