Tesla delivery volumes decline in second quarter as expected
July 7, 2022
Tesla Intrinsic Value – The electric vehicle market leader produced 258,580 vehicles in the second quarter and delivered 254,695 vehicles. Despite the decline in deliveries, Tesla’s($NASDAQ:TSLA) overall production actually increased sequentially in the second quarter. The impact of the pandemic has been mixed for Tesla. While the lockdown in China weighed on second-quarter results, the company has benefited from increased demand for its vehicles in other markets as consumers seek out personal transportation amid the pandemic. The company is also planning to begin production of its Cybertruck later this year. Tesla’s long-term prospects remain strong despite the challenges posed by the pandemic. The company is well positioned to continue leading the electric vehicle market as it expands its product lineup and manufacturing capacity.
The media sentiment is mostly positive so far. This could change as more information is released.
VI Analysis – Tesla Intrinsic Value
Tesla Intrinsic Value is around $694.2, calculated by VI Line. Now TESLA stock is traded at $695.2, a fair price overvalued by 1%. 1. The intrinsic value of a company’s stock reflects its long term potential. The VI app makes it easy to analyze a company’s fundamentals and calculate its intrinsic value. Based on our analysis, the intrinsic value of TESLA shares is around $689.7. However, the current market price is $695.2, which means the stock is slightly overvalued by 1%.
This may be due to the fact that Tesla is still seen as a strong investment despite the decline in delivery volumes. The company is expected to continue to grow in the future, and the stock price may rebound as a result.
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