$Tesla(TSLA.US) is up 1.8% in premarket on December delivery numbers.
Delivered 418k vs. Street at 420k and above the whisper of 415k.Overall, deliveries were down 16% y/y in December, vs. up 9% in September.4 Takeaways:1. There’s a lot of noise in the numbers, similar to the September quarter, the noisiest delivery quarter in Tesla’s history due to the tax credit expiration.2. These results are consistent with what we saw in October, when U.S. EV registrations for all automakers were down ~30% y/y.3. For 2026, the Street still looks too high at +12%. My estimate is flat to +5%.4. As long as deliveries are roughly flat next year, investors will be satisfied. That stability allows the focus to remain on Robotaxi, FSD, and Optimus.Source: Gene Munster
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments