Tesla rarely releases analyst pessimistic forecasts, expecting a 15% drop in deliveries in the fourth quarter
Tesla (TSLA.US) rarely disclosed analysts' delivery forecasts for the company on its website, with analysts averaging an expectation of delivering 42,285 vehicles in the fourth quarter, a year-on-year decline of 15%, which is greater than the market expectation of an 11% drop.
Tesla's annual vehicle sales are expected to decline for the second consecutive year, with the company averaging an expected order volume of 1.6 million vehicles, a year-on-year decrease of over 8%
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