Tesla’s Demand Is INSANE. Here’s Proof.

TL;DR

Tesla’s demand appeared exceptionally strong because the entry-level Model Y was sold out in the United States for the rest of 2022, with new orders not arriving until 2023. Analyst Dan Ives also estimated 1.6–1.7 million Tesla deliveries for 2022, above the cited Wall Street consensus range. Read on for the stock-performance, delivery, pricing, and consumer-trust evidence behind that conclusion.

Transcript

1400 is the base case on Tesla and I if I look at demand today just given where we could see units 1.6 1.7 million units is potentially out there just given what we're seeing from a demand and you got brewing in Austin now Ram so I think Tesla continues to sort of be the best way to play electric vehicle shares of Tesla during today's session as we... Read More

Key Insights

• 📉 Tesla stock had a strong week, showing signs of recovery after a downward trend for the year.
• 🚙 Demand for Tesla vehicles remains robust, with potential deliveries expected to exceed Wall Street's estimates.
• 🚙 Consumers trust Tesla the most when it comes to developing safe and reliable autonomous vehicles.
• 🇺🇸 The Model Y has sold out in the United States until next year, indicating high demand for Tesla's products.
• 🥺 Tesla's stock performance and strong demand reflect its status as a leading player in the electric vehicle market.
• 💗 Trust and confidence in Tesla among consumers continue to grow, despite negative media coverage and controversies.
• ⚖️ Tesla's success is attributed to its focus on the fundamentals, scaling operations, and expanding production facilities.

Questions & Answers

Q: What evidence showed that Tesla’s vehicle demand was strong?

The entry-level Model Y was sold out in the United States for the remainder of 2022, with delivery unavailable until 2023. Dan Ives also said demand could support 1.6–1.7 million Tesla deliveries in 2022.

Q: When could U.S. buyers expect delivery of a newly ordered Model Y?

According to the transcript, a U.S. buyer ordering the entry-level Model Y without upgrades would not receive it until 2023. The vehicle was described as sold out for the entire remaining year.

Q: How many vehicles could Tesla deliver in 2022?

Dan Ives estimated that Tesla could deliver about 1.6–1.7 million vehicles in 2022 based on the demand he was seeing. The host contrasted that estimate with a cited Wall Street consensus of roughly 1.32–1.4 million.

Q: How did Tesla stock perform during the featured week?

Tesla stock rose almost 16% during the week. The transcript calls it Tesla’s best week of 2022 and says the stock was on track for its best week in nearly three months.

Q: How was Tesla stock performing for 2022 overall?

Despite its strong week, Tesla stock remained down approximately 25% since the beginning of 2022. The host characterized the year-to-date direction as a downward trend.

Q: What major Tesla stock drawdowns did the video identify?

The chart discussion identified two large Tesla stock declines over the prior couple of years. One was described as a 40% decline and the other as a 43% decline.

Q: Why did Dan Ives remain positive about Tesla?

Ives focused on Tesla’s demand, fundamentals, and the scaling of its Berlin and Austin operations. He described Tesla as the best way to play electric vehicles and gave it a base-case target of 1,400 after the geopolitical environment passes.

Q: Which brand did consumers trust most to develop autonomous vehicles?

A survey cited on the page found that consumers trusted Tesla more than any other brand to develop safe and reliable autonomous vehicles. Tesla received one-third of respondents’ votes.

Summary & Key Takeaways

• Tesla stock had a great week, up almost 16% and on track for its best week in nearly three months. However, year-to-date, the stock is still down approximately 25%.

• The demand for Tesla vehicles remains strong, with estimates suggesting that 1.6 to 1.7 million units could be delivered in 2022, far exceeding Wall Street's consensus expectations.

• A recent survey showed that consumers trust Tesla more than any other brand to develop safe and reliable autonomous vehicles. Tesla received one-third of the respondents' votes.