Tesla is gearing up to release its Q4 2024 results next week, with analysts sharing their predictions on what to expect. The electric vehicle giant has set ambitious targets for the year, aiming to surpass its 1.8 million vehicle sales in 2023. Analyst consensus suggests that Tesla will report deliveries of around 511,000 units in the fourth quarter, bringing its total deliveries for the year to match last year’s sales.
Barclays analysts have estimated that Tesla could deliver around 515,000 units in Q4, slightly higher than the consensus prediction. However, the investment bank also noted that the significance of Tesla’s Q4 volume print is relatively lower than normal, with investors placing less emphasis on these numbers. Despite this, Barclays cautioned that a slight miss in delivery numbers could impact Tesla’s Autonomous Vehicle/Artificial Intelligence push, particularly affecting the launch of Tesla’s Unsupervised FSD in 2025.
As the market eagerly awaits Tesla’s Q4 2024 and full-year results, speculation is rife about the company’s performance. With the electric vehicle industry experiencing rapid growth and innovation, Tesla’s results will undoubtedly have a significant impact on the market and investor sentiment.
Stay tuned for Tesla’s Q4 2024 results and keep an eye on how the market reacts to the numbers. For more updates and insights on Tesla and the electric vehicle industry, be sure to follow Teslarati for the latest news and analysis.
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