Back in April analyst thought it'd be 461k deliveries. Now avg consensus is 390k. Funny how target and EPS are trending down so to "tame" surprise %, while stock remains higher than it was in April. Tesla still won't beat, but expect share price to go up 20%. Buy calls!
Slumping deliveries will encourage Tesla to focus more on its successful humanoid robot business - TSLA + 10%!
Q2 2024 was 444k, analyst consensus 385k, TroyTeslike 356k.
Deliveries mean nothing because everyone knows it's not a car company
Ok. Deliveries are up. But whose buying them.
So are they officially in the red if these numbers track?
And also to be more profitable they are slowing deliveries temporarily to work on automation orders and deliveries...no humans involved, purchase the order online and the car will locate it self and drive it self to you!!! It is not guaranteed to get to you in one piece though! Thats not expected till 2099 when AI improves.
Time to buy calls. I don’t know why it goes up on bad news but that’s been the pattern.
They dropped the price a lot + easy lease options. I’ve seen a few new ones in our neighborhood
<Sad tromboooone>
True, less car sales means they will have more time to focus on the real business. Bullish.
Think? We pretty much have the numbers, it's bad.
Not this time, institutions are leaving
Bloodbath? Naw... the cult of Elon and his investors will keep on making the TSLA stock 'bullish'.
Once a pattern emerges, you can be sure the stock price moves against it.
People that don't care about supporting a Nazi because the cars are not cheaper than ever
A -12% YoY is not a bloodbath. Stellantis sales were down 12% Q1. I don't see a single article citing "bloodbath". So strange.
Tesla isn't a car company. Expecting 20% to $360.
They're probably going to count the deliveries to abandoned mall parking lots as 'deliveries'....
It's already successful? Damn, I wish someone had informed me. To the moon! /s
Lol I thought you were saying their real business is Bullshit haha
More successful humanoid robot? If that isn’t a moth full of absolute turds. No one wants a robot to wipe up a spill on a counter. For what $50k? And then it can spy on you for Elon’s training? That guys a turd too. No one needs a humanoid robot, and Tesla will never deliver it anyway.
They were probably thinking about FSD cars running over people, it was THAT bloodbath that they were referring to.
Also true
It goes up because enough morons believe in musk and the company. Their P/E ratio is far beyond anything sane that anyone with a brain knows it's a house of cards. Couple that with musk having pissed off the orange ape and that doesn't bode well for musk and in turn Tesla either...
Parking lots
They are also branching out into military applications. They will deliver, for example, a cybertruck to a target, where it may or may not explode on delivery, or at least on route. Apparently, Putin is interested in this new drone tech
Speculators don’t walk down a hill, they jump off a cliff.
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That is actually a great idea. You'll never know which one will actually explode!!
There's a reason Stellantis's PE ratio is 4.4. They're expected to suck.
It ain’t happening, their two car, one (human) driver approach to taxis is making the world a better place.
Come on Elon! Make Tessler Great Again!
Less sales just mean they have more vehicles available for their ultra profitable Robotaxis.
Well he's currently having a slap-fight Trump, which seems to be the only thing that negatively affects the stock.
Yeah they have the single worst fleet economy in the world. With gas prices set to go up, not smart.
I do feel like they're due for an Optimus mopping the floor video.
That would be fantastic and no surprise.
No customer needed. All AI. The trucks will order each other. +10%
Don't forget the very successful self-driving taxi launch, that's why they're keeping all the teslas to scale the taxi business.
And full self driving will be released early next year. Again.
Next call is going to more "we're not a car company" talk.
at least a choice than just five vehicles. Outside of 3/Y, tesla is only going to be selling 10-15k of the three models for Q2.
Um, what? The Model S still outsells many one off models, the Charger for instance only sold 1052 Q1. In fact Dodge sold twice as many EV versions of the Charger.
You are picking one specific example. They have more brands than Tesla models.
Wow, unbelievable… So calls?
Sell Tesla stock before it is cut in half!
You are in a cult.
Troy is usually spot on!
-12 or -20% YOY is a bloodbath dude!
For sure! Investors smoking crack like Cathie Wood from Ark Invest “estimate” that the stock is super cheap right now and expect the stock to hit $2,600 with 1.2 trillion dollars in revenue from robo taxi alone and their “bearish case” says that in the worst possible scenario the stock will hit $2,000 by 2029. I wish I was joking but that’s how delusional bullish investors are. The entire annual revenue for all ride hailing companies combined is not even 100billion so that means that the robo taxi business finds another 1.12 trillion in new business from ride hailing and even one year olds are going to be taking daily road trips across the country.
The annual 10% per year FSD share price bump - a tradition since about 2015?
Who wants an expensive mannequin?
The robotaxi’s will start bringing in billions, any day now. S/
Lots of ‘want to trade your foundation series for A new ct?’ Emails. All shenanigans.
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This has been said every time since 2021
It's completely more insane that they also disregard waymo which has taxis out their, a company backed by a giant like google. Also Mercedes seems to have better automated driving than Tesla.
One can only hope. Then again, good things tend to happen to the worst people, so who can say.
That’s why it’ll eventually happen
Tesla is not a car company. It’s a company that owns trump and a ton of congress members. The best investment you can make is to buy a politician and they own a bunch. President Musk am smart.
But when is it though? The damn thing went up on every bad news for a while. You would think that it should be under $200 by this point.
* Mars
Maybe that is why Elon is pushing the self-delivery so hard. Otherwise was more like a solution waiting for a problem.
Since you're defending a gas car company I'm presuming your a gashole and blocking you.
But I thought millions of teslers are “self driving “ themselves into empty parking lots? /s
FAFO
"Already priced in"
It is not an IF. It is a when. But that could be a long time from now.
From the factory to a cliff above the ocean. Infinite deliveries !
Remember - Elon did this to himself !!!
Last time he had slap fight with Elon the stock tanked to 270. Then he quit and it went back up 2x. This time it stopped at 300. And it’s clear he’s losing his ev credits this week. And the robo taxi launch literally doesn’t actually have a robo taxi in it. It’s a model y. And it’s not public and it has a driver. Too many things piling up I think.
That's how it works with UK registrations! It's based on when the vehicle is plated
Far beyond anything humans are capable of building. Younger people tend not to grasp that.
Is it really, a bloodbath? Pools of blood resulting in Tesla’s low sales? Really? How do people with such a lack of vocabulary become so successful? Jim Cramer is mentally benign and physically feline but you won’t see him as an Amazon delivery driver after he’s wrong yet again. Stupid people run the world.
Jesus. Like a giant, robot overlord circle jerk. I hate the future.
Last quarter they sold 337k vehicles and made a profit of about 400 million. Even if Troy's estimate is right they'll sell about 20k more cars. Margins should hold up as most sales were a backlog of the refreshed Model Y. So very doubtful they take a loss this quarter, but the profit will be much closer to what they did last quarter than what they did in Q2 last year (1.478 billion profit). If their profit for the year is two billion (which I think will be a big stretch given headwinds they are facing in the second half), at a reasonable P/E ratio of 200 the stock should be trading at 124. It currently is at 303.86 as I am writing this.
I think Roomba has that job covered for [whips out abacus] 1/400th of the price.
We estimate that, that by Q2 2027, I feel confident in saying that we will be able to dispatch the self-delivery of a CyberTruck, to the planet Mars.
They had a good final week in China, so I'm going with 360-365k. Still awful for a company that was supposed to become 'the biggest car seller in the world'
> No one needs a humanoid robot While Tesla won't be the one to lead this race, as long as houses are built for people, humanoid robots make sense in a cramped environment.
Right. I was thinking the unsold inventory might counter the slight uptick in total sales. Probably not enough of a difference. I guess we’ll need to see how they do when they lose the government incentive. Probably a bunch of people trying to get in under the wire. Sales could fall off by like 20%.
What's the Forward PE for a shrinking company?
Yeah, Q3 in the US may hold up ok as demand gets dragged forward, but things could get really ugly there in Q4. I am expecting the rest of the world to look bad starting in Q3 though, would not be surprised to see some big discounts starting soon.
My brothers been at the company for 10ish years, Ive told him a few times over the past 6-8 months that its probably time to dump what hes accrued. He says hes waiting for 350 again to sell, I asked what he thought would cause the next bump. "Robotaxi, Solar, Optimus, and battery sales" I didnt really push any further, but that was Monday night, and hes lost nearly 8% since then.
It goes up because everyone and their uncle expects it to go down, and there's not enough downward pressure for market makers and large hedge funds to not take the opposite side, as there is a lot of money to be had from betting against retail traders. That has been the case for a while now if you've been following trends, with a few exceptions.
It won't be. They will juggle numbers to appear to do better than expected and analysts will call it a win.
> You talk as if humanoid Servant robots are even possible. Since here in America we are going to make slave labor a thing again, we dont even need to develop a humanoid robot!
> as long as houses are built for people, humanoid robots make sense in a cramped environment. They make no financial sense, especially in todays world.
Conveniently already connected to their potential future owners’ bank accounts so they can pay for themselves.
Low than analysts, but who care ? Let's up 5%!
I heard that sales in Canada are down by something like 80%.
100%
Those cars will be counted as “partially delivered to customer”
I mean, for men atleast theres one other reason we want humanoid robots >_>
But Cathy says it will rain $$$ soon
Tell us, exactly what is a humanoid robot going to do for you? They can’t even wash a sink full of random dirty dishes. That capability is a couple decades off in the future. Never mind the programming, the “hands” are not capable of that dexterity. Those hands would be exceptionally complex and costly.
Tesla fanboys crap on Mercedes Level 3 driving. What they don’t understand is that system is limited by liability, not technology. Hey, if FSD is so good, why hasn’t Elon provided Level 3?
Tesla stock has 43% retail investors, double the amount of any large cap company. That’s what drove, and keeps the stock price up.
Random ideas: * Delivering stuff to your apartment door from an autonomous car * Handling repetitive and/or heavy stuff in old warehouses not fully remade with mechanical sorting in mind * Guides in museums * Backup shipmates for doing heavy lifting * Emergency work, traversal of difficult or dangerous terrain, frontline firefighting * Construction sites: inspection, lifting, measuring.
Starship to just about the edge of the atmosphere before boomboom time
Elon's got it covered selling off our data he stole doin' the DOGE guv'ment cleanup whatever
Agree, maybe in 50 years …
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