Summary
- Tesla’s Q4 2024 results will be released around January 2, 2025
- Analysts predict Tesla will deliver around 511,000 units in Q4
- Tesla aims to surpass its 1.8 million vehicle sales in 2023
- Barclays analysts estimate Tesla will deliver around 515,000 units in Q4
- A slight volume miss in Q4 might affect Tesla’s AV/AI push in 2025
Article
Tesla is expected to release its Q4 2024 results next week, with analysts predicting that the company will report deliveries of around 511,000 units in the fourth quarter. This would bring Tesla’s total deliveries for 2024 to over 1.8 million vehicles, surpassing its 2023 sales. Barclays analysts estimate that Tesla will deliver around 515,000 units in Q4, but noted that the volume print for this quarter is not as crucial as in previous years.
While a slight miss in delivery numbers may not significantly impact Tesla, Barclays highlighted that it could affect the company’s Autonomous Vehicle/Artificial Intelligence push, particularly its Unsupervised Full Self-Driving launch in 2025. Despite this, investors are not placing as much importance on the Q4 volume print this year compared to previous years. Tesla has already delivered over 1.2 million units in the first three quarters of 2024, putting them on track to meet or exceed their 2023 sales figures.
Analysts are eager to see how Tesla will perform in Q4 2024 and what impact it will have on the company’s overall results for the year. If Tesla does indeed deliver around 511,000 units in the fourth quarter, it would match its sales from the previous year. However, Barclays’ estimate of 515,000 units suggests an even stronger finish to the year for Tesla. It remains to be seen how Tesla’s delivery numbers in Q4 will affect its future plans for autonomous driving technology.
The Teslarati team is seeking input from readers on their predictions for Tesla’s Q4 2024 results. If you have any insights or tips to share, you can contact the team via email or Twitter. As Tesla continues to drive innovation in the electric vehicle market, analysts and investors are closely monitoring the company’s performance in Q4 and beyond. The outcome of Tesla’s Q4 2024 results will provide valuable insights into the company’s growth trajectory and future prospects in the EV industry.
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