Tesla delivery estimates widen as Roadster delay drives TSLL trading focus

  • Tesla’s third-quarter delivery estimates range from roughly 422,000 to 482,000 vehicles ahead of Friday’s report.
  • JPMorgan cut its forecast to 482,000 from 516,000, while Goldman Sachs lowered its estimate to 435,000 and broader consensus is about 463,000.
  • Tesla moved the outdoor second-generation Roadster unveiling from October 1 to October 15 because of predicted severe weather, while TSLL fell more than 3% Tuesday.

Tesla’s third-quarter delivery report, expected Friday, has drawn forecasts ranging from roughly 422,000 to 482,000 vehicles, with Goldman Sachs at 435,000, JPMorgan at 482,000 and broader consensus near 463,000. The company delivered 480,126 vehicles in the second quarter and 497,000 a year earlier. Tesla also moved its second-generation Roadster unveiling from October 1 to October 15 because of predicted severe weather, while Direxion Daily TSLA Bull 2X Shares (TSLL), an ETF designed to seek twice Tesla’s daily performance before fees and expenses, fell more than 3% as Tesla declined roughly 1.5%.

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