U.S. Wall Street Union Bank Ltd

It is reported that although the entire auto industry is facing an unprecedented shortage of parts, Wall Street analysts are optimistic about Tesla's delivery in the third quarter, and even think it will be Tesla's best quarter.
Wall Street expects Tesla to have its best performance in the third quarter: deliver about 230000 cars and hit another record high
Earlier this month, Elon Musk, CEO of Tesla, told employees in an email that the third quarter was coming to an end and Tesla's production was facing great challenges. He hoped that employees would be ready to sprint to ensure a satisfactory answer in the third quarter.
Wall Street analysts are also optimistic about Tesla's car delivery in the third quarter. Analysts from Piper Sandler, an investment bank, and Royal Bank of Canada (RBC) have raised their delivery expectations. Tesla is expected to deliver about 233000 electric vehicles in the third quarter. In addition, Credit Suisse is expected to deliver 225000 to 230000 vehicles.
This expectation is about 65% to 67% higher than Tesla's delivery in the same period last year. According to data provider visible alpha, as of Monday local time, analysts on average expected Tesla to deliver 222700 electric vehicles in the third quarter.
These analysts also pointed out that the global semiconductor shortage may have less impact on Tesla. As we all know, the global semiconductor shortage has paralyzed many automobile manufacturers around the world.
"Tesla seems less affected by the shortage of chips than other carmakers," Credit Suisse analyst Dan Levy said in a report Levy said that Tesla "fast steering" the new microcontroller and wrote its own vehicle software.
Piper Sandler analyst Alexander Potter even believes that the third quarter may be the "strongest" quarter in Tesla's history. He pointed out that electric vehicles are increasingly used in Europe and China, and Tesla's market share is also rising.
At the same time, Porter also raised Tesla's annual delivery forecast from 846000 to 894000, which will be almost twice that of 499600 last year. In contrast, Tesla delivered only about 50000 vehicles in 2015 and 500000 vehicles in 2020. In the first half of this year, Tesla has delivered 38.62 vehicles.
Credit Suisse analyst Li said that China's role as Tesla's global export source is increasing. Its Shanghai plant may have exported about 55000 vehicles from July to August, up from about 30000 in the second quarter.