On January 2, Tesla (TSLA, Financial) is scheduled to present its fourth-quarter deliveries report; with analysts predicting an amazing performance. The consensus projection for 506,763 car deliveries beats the Q4 2023 record of 484,506 units. With 30,365 deliveries across various variants and 476,398 Model 3 and Model Y vehicles are projected altogether.In order to reach its 1.8 million delivery goal for the full year, Tesla would have to deliver around 515,000 cars in the last quarter. Analysts point to incentives like 0% financing on new Model 3 and Model Y sales as well as high demand in important regions like China as sources of the company's consistent supply pipeline's impetus.
With analysts predicting sales to surpass 2 million vehicles—a mark previously hinted at by CEO Elon Musk for 2023— Tesla's 2025 vision seems incredible ahead. Although Tesla usually offers direction based on its Q4 delivery record, later in January the EV giant is likely to go over forecasts on its results conference call.It's important to know that Tesla stock has been one of the biggest gainers over the past year, up almost 68% YTD, beating the broader-market gains of 24%. Additionally, the stock is up 111% in the past six months, leaving the S&P 500's 9% gain firmly in the dust.
