Locator: 45076TSLA.
Tesla is slated to announce record deliveries for the second quarter, probably on Sunday, July 2, 2023.
Wall Street predicts Tesla deliveries growing 74% to 445,000, according to FactSet.
The big year-over-year increase reflects easy comparisons to Q2 2022, when Tesla's Shanghai plant was shut down for Covid lockdowns for several weeks. Also, the Berlin and Austin, Texas, plants were slowly ramping up output.
On Monday, Deutsche Bank raised its TSLA stock price target to 230 from 200, and maintained a buy rating on the shares. The firm revised its estimates for Q2 deliveries to 448,000 units, above analyst consensus. Deutsche Bank predicts about 168,000 vehicles sold in North America, 153,000 in China, 87,000 in Europe and 23,000 in the rest of the world.
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