Tesla ushered in a good start? Analysts say first-quarter sales will far outstrip last quarter

After examining the Tesla industry chain and Tesla’s long-term bull market, stock analysts judged that Tesla’s first-quarter deliveries this year will be much stronger than last year’s highest-selling fourth quarter, and the stock price is expected to grow to 1500 US dollars.

join us on telegram

Therefore, Tesla is expected to have a good start to the first quarter. f analysts’ forecasts are accurate and Tesla can overcome difficulties such as chip shortages, it will be Tesla’s seventh consecutive quarterly sales record.

In the fourth quarter of 2021, Tesla still delivered 308,600 vehicles in the fourth quarter of 2021, a year-on-year increase of about 70%.

In addition, Tesla is transforming the Fremont factory to increase production capacity, the Berlin factory has also entered the trial production stage, the Texas factory is also applying for expansion.

The Shanghai factory has also resumed work after the holiday. When the four factories are officially put into operation, it is very likely that Tesla’s sales will reach a new high.

Analysts say that sales will still grow in the first quarter, or the stock price will continue to grow

Global equities research analyst Trip Chowdhry has a verdict on the company’s current state following the latest round of factory inspections. Tesla’s production, shipping and delivery momentum are currently “very solid,” with deliveries even being much stronger than the previous quarter, analysts said.

Analysts also estimate that deliveries of the Tesla Model S Plaid appear to be up about 15%. Considering the high-profit margins of the $130,000 all-electric vehicle, this should benefit Tesla’s financials in the first quarter. The analyst reiterated that his target price for Tesla stock is $1,500 (about 9,541 yuan), and the stock rating is “overweight.”

In addition to analysts’ analysis of the factory, recent news from the Fremont factory and the Shanghai Gigafactory also indicated that Tesla’s first-quarter performance in 2022 is expected to hit a new high.

Last year’s deliveries set a record Musk expects deliveries to increase by 50% this year

It is understood that Tesla delivered 308,600 vehicles in the fourth quarter of 2021, an increase of about 70% year-on-year, and an increase of nearly 30% from the previous record quarter; of which, Model S and Model X deliveries in the fourth quarter were 11,750 296,850 Model 3 and Model Y vehicles were delivered. In 2021, Tesla will deliver a total of 936,000 vehicles, an 87% increase from 2020.

Musk told employees: “In 2022, the supply chain will continue to be the fundamental limiting factor for all factory output. So the chip shortage problem, although weaker than last year, is still an issue. Yes, there are multiple supply chains. Challenges. Last year was hard to predict, hopefully, this year will be smooth sailing, but I’m not sure what you’re doing for 2021, a 2020 repeat. Still, we do expect 2022 to be a big jump from 2021, easily over 50% of last year’s.”

Based on last year’s total sales of 936,000, Tesla will strive to deliver 1.4 million cars this year, but the outcome is yet to be determined.

Conclusion: Tesla’s quarterly deliveries are expected to grow again

It was photographed last month that Tesla’s Shanghai factory was going all out to export the Model 3 and Model Y. According to reports, Tesla’s Berlin plant has been approved for trial production, and Musk will go to Berlin in the middle of this month to advance formal production approval.

If the Berlin plant can be officially put into operation in March, the Shanghai plant, the Texas plant and the Fremont plant will accelerate the pace of production, and Tesla’s deliveries in the first quarter are expected to increase again.

Leave a Comment