$TSLA – RBC CAPITAL REITERATES OUTPERFORM RATING ON TESLA
The analyst commented:
Tesla Q1/25 Delivery Estimate:
🔸 Forecast: 364K deliveries, below 398K consensus (Visible Alpha).
🔸 Factors: Model Y refresh shutdowns & demand delays ahead of new affordable model in Q2/25.
🔸 China: Q1 deliveries -47.8% vs. Q4/24; Jan-Feb -57% vs. Oct-Nov; March data shows further decline.
🔸 Europe: Q1 deliveries -19.9% vs. Q4/24; Jan-Feb -33% vs. Oct-Nov.
🔸 Report expected next week.