Tesla has just published the analyst consensus for its Q4 and full-year 2023 electric vehicle deliveries, disclosing remarkable figures for the American automaker.
Tesla 2023 consensus
Mr. Gary Black, the Wall Street veteran, The Future Fund LLC Managing Partner, and TSLA bull, brought the screenshot of Tesla Investor Relations Vice President Martin Viecha’s released IR-compiled consensus estimates to social media platform X.
It essentially revealed that the electric vehicle giant’s consensus delivery estimate for the fourth quarter of 2023 is 480,483 units. Meanwhile, the full-year delivery figure totals 1,804,555 EVs.
Tesla Model 3 and Y’s significant contribution
As expected, the popular Tesla Model Y e-SUV and Model 3 e-sedan were large contributors to the brand’s strong delivery performance for Q4 and the entire year.
As per the IR-compiled estimates, the Tesla Model 3 and Y accounted for a combined delivery figure of 460,189 units in Q4 and 1,738,358 units in FY 2023. Meanwhile, the Model S and X contributed 18,652 units in the fourth quarter alone and 64,557 in the whole year. The “all other models” had 1,250 units in Q4 and 1,251 this year to date, which are highly likely the Cybertruck and the Semi truck.
Source
Teslarati noted that the Q4 and FY 2023 Tesla IR-compiled consensus originated from various firms, such as follows:
- Baird
- Barclays
- Bernstein
- Bank of America
- Canaccord
- Citibank
- Cowen
- Daiwa
- Deutsche Bank
- Evercore ISI
- Exane BNP
- Goldman Sachs
- Jefferies
- Mizuho
- Morgan Stanley
- New Street Research
- Oppenheimer
- Piper Sandler
- RBC
- Truist
- Tudor
- UBS
- Wedbush
- Wells Fargo
- Wolfe
Considering that the IR-compiled estimates indicate an FY 2023 delivery of 1,804,555 EVs, it appears that Tesla managed to hit its self-set target of 1.8 million unit delivery in a year.
Tesla will publish its Q4 and FY 2023 delivery and production report ahead of the market opening today, January 2, 2024.
