20 October 2022 | Other

Tesla sees 2022 delivery miss

Tesla Inc. CEO Ilon Musk expects the company’s deliveries to be below the vehicle delivery targets this year. At the same time, he downplays concerns about demand after the company's earnings did not meet Wall Street expectations.

Elon Musk told analysts that the company saw excellent demand in the fourth quarter. Some investors raised concerns that the weak global economy and high prices for Tesla vehicles could affect customer demand, but Musk addressed them. Despite this fact, he noted that some logistical problems would persist and vehicle deliveries wouldn't not achieve growth of 50%, even with production hitting that mark.

According to him, the company is not recession proof but it is definitely recession resilient. 

Tesla is growing rapidly despite the global economic turmoil that is seen. Investors are watching closely how a cooling economy could hurt demand.

Company MarketCheese
Period: 30.06.2026 Expectation: 650 pips
Buying SPX with 7,550 in mind
Yesterday at 11:49 AM 30
Period: 31.07.2026 Expectation: 1300 pips
EURUSD sell-off targets 1.1325
Yesterday at 11:49 AM 16
Gold sell
Period: 22.07.2026 Expectation: 180 pips
Selling gold on Fed’s hawkish stance
Yesterday at 11:44 AM 52
Period: 29.06.2026 Expectation: 3870 pips
Silver poised to break free from descending channel
Yesterday at 09:54 AM 23
Period: 29.06.2026 Expectation: 1000 pips
Geopolitics and inflation hint at bearish scenario for S&P 500
Yesterday at 07:10 AM 20
Period: 22.07.2026 Expectation: 350 pips
Sell EURUSD with 1.14200 in view
Yesterday at 06:50 AM 15
Go to forecasts