Tesla Broadcasts Downbeat Sales Estimates in Unusual Move

Core Viewpoint - Tesla Inc. has published its own estimates for vehicle deliveries, which are more pessimistic than those compiled by Bloomberg, indicating a potential decline in sales performance for the company in the upcoming quarter [1] Group 1: Delivery Estimates - Analysts expect Tesla to deliver an average of 422,850 cars in Q4, representing a 15% decrease from the previous year [1] - The Bloomberg average for vehicle deliveries is 445,061, reflecting a 10% drop [1] - Tesla is on track for its second consecutive annual decline in vehicle sales, with an estimated total of 1.6 million deliveries, down over 8% year-over-year [1] Group 2: Market Response and Sales Strategy - In Q3, Tesla experienced record deliveries as U.S. consumers rushed to purchase electric vehicles before the expiration of $7,500 federal tax credits [2] - To mitigate the impact of the loss of these incentives, Tesla introduced lower-priced versions of the Model Y and Model 3, each priced under $40,000 [2] Group 3: Stock Performance - Despite the decline in vehicle sales, Tesla's stock is projected to end the year higher, having increased by 14% through Monday's close, although it lags behind the S&P 500 Index's 17% rise [3]