June 27, 2020 - As the stock market enters a new week, Tesla (TSLA) investors will be focused on Q2 vehicle deliveries. With the Fremont plant closed for roughly two months, you would think Q2 would be an absolute disaster but this may not prove to be the case.
Initial estimates had Tesla coming in with 60,000-65,000 Q2 deliveries but things appear to have changed in the last three weeks. Apparently, deliveries have been really picking up toward the end of June and when you combine China to the estimates, Wall St. is now looking for over 80,000.
If Tesla (TSLA) reports anything over 90,000, the stock will explode to a new record high. With three days left to go in the quarter, the final push is being made as we speak!
Hot Stock Alerts
Potential Breakout Stocks of the Day: