⚠️BREAKING: *TESLA DELIVERED 422,875 VEHICLES IN Q1; EST. 432,000 $TSLA
Tesla announced today it delivered 422,875 electric vehicle units in the first quarter of 2023, missing Street expectations for 432,000 deliveries.For the same period last year, Tesla delivered 310,000 EV units and a record 405,278 vehicles in the fourth quarter of 2022.
Several analysts weighed in on Tesla ahead of the Q1 deliveries report. Most notably, CFRA analysts upgraded Tesla to Strong Buy from Buy with a price target of $275 per share. On the other hand, Deutsche Bank analysts cut Q1 estimates for Tesla to EPS of $0.69, which is below Street’s $0.87.
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