Morgan Stanley released a statement today, saying that they think there will just be 100 Model X's produced in Q3 2015. Followed by 3000 units in Q4. Like all analyst's predictions, take it with the grain of salt that it is printed on.
'"Heading into the earnings call, we continue to look for more details surrounding Model X execution - in particular, launch timing, speed of ramp and order back log," Jonas wrote. "Given the significance of this launch, we don't expect Tesla to cut any corners and believe Elon Musk and management are fully willing to sacrifice short-term profitability (via higher-than-expected up-front costs) to ensure a successful debut." Related Link: How The New Model S Will Impact Tesla's Sales And Stock Looking forward to the full fiscal year, Jonas is estimating Tesla will deliver approximately 51,000 units, falling short of the company's 55,000 unit guidance. The analyst added that he continues to expect the Model X to launch in the third quarter with deliveries of just 100 units followed by a large ramp in the fourth quarter with 3,000 units.'
Ron
SigX #1015
'"Heading into the earnings call, we continue to look for more details surrounding Model X execution - in particular, launch timing, speed of ramp and order back log," Jonas wrote. "Given the significance of this launch, we don't expect Tesla to cut any corners and believe Elon Musk and management are fully willing to sacrifice short-term profitability (via higher-than-expected up-front costs) to ensure a successful debut." Related Link: How The New Model S Will Impact Tesla's Sales And Stock Looking forward to the full fiscal year, Jonas is estimating Tesla will deliver approximately 51,000 units, falling short of the company's 55,000 unit guidance. The analyst added that he continues to expect the Model X to launch in the third quarter with deliveries of just 100 units followed by a large ramp in the fourth quarter with 3,000 units.'
Ron
SigX #1015