Quick Look: Tesla preliminary Q2 deliveries in China look weak
Early indications for Tesla's deliveries in China in June track my estimates. If so, that's bad news for Tesla.
Uh oh Tesla. Preliminary look at Q2 China deliveries is 61.5k (down 11% vs Q1).
Indicates 27.9k for June just under my below-market consensus estimate of 30k which also checked with implications I calculated from the China 285k recall that only 27.7k had delivered through 6/27/21. See more discussion in my report earlier this week Tesla Q2 "Complications" for my estimates for China and consolidated Q2 deliveries, due out this week.
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