Overview
- Tesla distributed a company-compiled sell-side consensus showing fourth-quarter deliveries around 422,850 vehicles, roughly 15% below both the prior quarter and a year earlier.
- The same consensus pegs 2025 deliveries at about 1.6 million, roughly 8% under 2024 and indicative of a second straight annual decline.
- Michael Burry reiterated his valuation concerns and warned about shareholder dilution tied to Elon Musk’s compensation, while stating on X that he is not short the stock.
- Prominent Tesla watcher Gary Black called the broad distribution of the IR-derived consensus very unusual and projected Q4 deliveries in the 420,000 range rather than 445,000.
- Tesla shares traded slightly lower into Wednesday’s premarket, with official delivery figures due on Friday, January 2.