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: 30.04.2026 Expectation: 300 pips
Selling Tesla stock down to $350
Yesterday at 11:50 AM 26
Brent sell
Period: 31.03.2026 Expectation: 1300 pips
Selling Brent crude with $93.00 in view as bearish pressure builds
Yesterday at 11:11 AM 30
Period: 30.04.2026 Expectation: 2000 pips
Buying AUDUSD with 0.71500 in sight
Yesterday at 09:57 AM 30
Period: 31.03.2026 Expectation: 4626 pips
Investing in BTCUSD with $75,000 target on geopolitical calm
Yesterday at 07:46 AM 33
Brent sell
Period: 31.08.2026 Expectation: 2000 pips
Brent selloff targets $80.0
Yesterday at 06:46 AM 28
Period: 31.03.2026 Expectation: 350 pips
USDCAD selloff comes into play upon breaking 1.3700
Yesterday at 03:58 AM 26
Go to forecasts