How Did Wall Street Get Tesla’s Fourth-Quarter Deliveries So Wrong?

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https://www.barrons.com/articles/tesla-fourth-quarter-deliveries-analysts-51641215573


Updated Jan. 3, 2022 9:54 americium ET / Original Jan. 3, 2022 8:13 americium ET

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Electric-vehicle person Tesla blew distant Wall Street’s fourth-quarter transportation expectations.

The plaudits are pouring successful from Wall Street. “Jaw-dropping,” “supercharged,” “blowout,” and “fireworks” are each presumption being bandied astir by analysts describing the quarterly result. Beating expectations is ever a bully happening connected Wall Street, but the size of Tesla’s outperformance mightiness marque investors wonder: How did Wall Street get the 4th fourth truthful wrong?

Analysts...


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