4.8 • 1.1K Ratings
🗓️ 26 June 2019
⏱️ 10 minutes
🧾️ Download transcript
– Another update on Q2 deliveries in North America from Electrek
– Oppenheimer note and consensus estimates
– Short interest update for the 6/14 settlement date
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The post Q2 Delivery News, Consensus Estimates, Updated Short Interest (06.25.19) appeared first on TechCast Daily.
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0:00.0 | Hello and welcome to the Tuesday June 25th 2019 edition of Tesla Daily on |
0:11.6 | official Tesla Podcast. |
0:13.3 | My name is Rob Maower. |
0:14.0 | Today we were talking about some news on deliveries from Electric, |
0:16.9 | updated short interest for Tesla and an updated analyst note. |
0:20.5 | Tesla stock on the day trading relatively in line with the macro environment down 1.73% to |
0:26.1 | 219.76 cents as compared to the Nasdac down 1.51% and not a whole lot of deviation for Tesla from the NASDAQ intraday either. |
0:36.1 | ElectraC today posted another update to delivery numbers for North America for Tesla saying |
0:41.0 | quote a source familiar with the matter told |
0:43.2 | Electrec that Tesla has delivered 22,000 vehicles in North America |
0:47.4 | in June so far. |
0:49.2 | It's far from the goal but they have over 12,000 additional orders as well, pushing the total to over 34,000 |
0:55.7 | orders in June. However, 5,000 of those 12,000 orders don't have a scheduled delivery, and |
1:00.7 | sources expect that it would be hard to deliver all those vehicles by the end of the month. |
1:05.0 | As of today, Tesla delivered over 49,000 vehicles in North America during the second quarter. |
1:11.0 | End quote. |
1:12.0 | So Tesla's alleged target that Electric had previously shared was 33,000 to 36,000 North American |
1:17.5 | deliveries in June. |
1:19.0 | So far they are reportedly at 22,000 with 7,000 more scheduled, putting them to 29,000 likely to be delivered in |
1:25.8 | Q2, and then another 5,000 orders outstanding that may or may not be able to be fulfilled |
1:30.6 | for the quarter. |
1:31.6 | I would also anticipate that there will be new orders happening |
... |
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