Tesla Q2 Prodn #'s (Patreon)

Numbers are out before 6am tomorrow my time.

• Production and Delivery Estimates: The average analyst projection is around 420,000 EVs

• They will also issue direct megapack numbers - which could have a surprise.

• Some analysts have recently revised their estimates downward:

  • Barclays and UBS expect deliveries in the range of 415,000 to 420,000.

  • RBC Capital Markets lowered its estimate to 410,000 deliveries, which would be a 12% decline from Q2 2023.

• Potential Stock Price Impact:
  The stock market has perhaps already shown a reaction to the upcoming report - up a massive 12% today and up 58% vs BTC the last 2 mths.