Tesla Bull Wedbush responded to numbers to hand over the company’s compelling company, which was issued on Wednesday morning in a new note by analyst Dan Eve.
Tesla reported delivery of 336,681 cars in the first quarter of the year, which is estimated from Wall Street of 352,000 and numbers whispering about 350,000. At first glance, it appears to be a disaster, but Tesla said that she lost “several weeks of production” in the first quarter due to the slope of the new Y in all four vehicle production factories.
Tesla reports (TSLA) 336,681 delivery compounds for the first quarter 2025
This may be part of the reason that the company has witnessed a quarter of this performance, but there are also factors caused by the participation of CEO Elon Musk in the United States government, which created some decline in different markets.
It is difficult to say how many of each issue caused this type of quarter, but Evis wrote in a note to investors that Wedbush was unable to look at this “pink glasses”, as the performance was “a disaster on every scale.”
Evis believes that time has come to drive to lead:
“The street knew that 1Q is bad coming, but this was worse than expected. It is time for the mousse … it’s a thorn in the moment of the road. The more political it is with Dog, the more the brand is, there is no discussion. Days are much better to come.”
Interestingly, the stock decreased more than 5 percent after the delivery report. It has recovered at 8 percent, and has now increased more than 5 percent the day after a report from Politico that Musk and President Donald Trump have discussed the CEO of reference from the Ministry of Government efficiency (DOGE).
Accordingly, it seems that investors were looking for musk to retract his government duties and show more public interest in Tasla. Realistically, we do not know how much time is dedicated to Tesla and the EV initiative. However, it seems that investors were ready to hear something similar to musk more involved and spoke frankly about Tesla and its projects.
It is not bad. Evat still gets to know the ingenuity of Tesla through the width of Robotaki, the full self -driving and the amount of effect that can be to move forward:
“Self -government is still the biggest transformation in the automotive industry in the history of the modern era and in our opinion, Tesla will have the independent market in the United States and the world with the launch of the non -control FSD in Austin starting from the era of self -government in Tesla, which we appreciate for $ 1 trillion in assessing a number of parties …”
With what is said, he also wants to balance Musk responsibilities with Doge and Tesla:
“But … Musk needs to stop this fiery storm and balance the balance between Tesla with Doge.
Tesla shares are traded at $ 283.01, an increase of 5.42 % at 1:57 pm on the eastern coast.
