Tesla (NASDAQ: TSLA) is set to report Q4 and Full Year 2022 delivery figures as early as today, and analyst Dan Ives believes the company is in line to publish its strongest final quarter figures in company history.
Wedbush analyst Dan Ives said that he believes Tesla is set to report between 415,000 and 420,000 deliveries for Q4 2022, bringing the company’s total to over 1.3 million units for the year. 420,000 units would be “solid” in Ives’s estimate, especially as the company has combated rumors of production limitations in China, as well as general, macro-level concerns that could be related to residual effects of the COVID-19 pandemic, which sent the supply chain into a tailspin over the past three years.
We believe with Tesla 4Q deliveries line in the sand is ~415k. 420k be solid. Should get the Tesla presser in next 24 hours likely. We believe whisper #’s have come down as Street adjusts to macro/China issues. For 2023 we at 1.8 million deliveries-would be solid # in this macro
— Dan Ives (@DivesTech) January 1, 2023
Tesla pushed into Q4 with relatively no doubt that it would reach its first one million unit year. After eclipsing 900,000 deliveries by the end of the third quarter, Tesla’s reputation for kicking it into overdrive in Q4 took over, and the company did not disappoint. After offering a $3,750 discount on Model 3 and Model Y units in early December, Tesla increased this incentive to $7,500 while also offering 10,000 free Supercharging miles.
The incentive to push Tesla’s mass-market vehicles out the door and into consumers’ hands was followed by late rewards for Model S and Model X purchases. Tesla started offering a $7,500 discount and 10,000 Supercharging miles on these vehicles during the last few days of 2022.
Inventory withered and customers took advantage of the offers Tesla had, which should bode well for the company’s delivery figures for Q4 and the full year. However, the attention is already turning to what Tesla could accomplish in 2023. As Ives said, Wedbush estimates 1.8 million units for Tesla this year, which would be a roughly 500,000 vehicle increase compared to 2022, if his estimations for last year are correct.
Tesla could release delivery figures today, but as the market is closed and the stock has taken a beating, the automaker could wait to push the statistics when trading resumes tomorrow. However, that is speculative.
Tesla has a full plate in 2023 as it plans to launch Cybertruck production and could announce a new production facility within the first month of the new year.
Disclosure: Joey Klender is a TSLA Shareholder.
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Tesla stock rebounded over 20 percent in the past five trading days, and, coincidentally, the boost came just after Tim Walz said he gets a boost from watching the automaker’s shares fall.
Although Walz’s pushback against Tesla stock mostly comes from his evident distaste for CEO Elon Musk, who has joined President Donald Trump’s team as the head of the Department of Government Efficiency (DOGE), it seems he might not have realized the EV maker’s shares make up a portion of his state’s pension fund.
This was something Shark Tank’s Kevin O’Leary mentioned last week after Walz’s comments. However, now that Tesla shares are rising once again, Walz is backtracking by saying that his comment from last week was his attempt at humor.
Walz said:
“I have to be careful about being a smartass. I was making a joke. These people have no sense of humor.”
NEW: Tim Walz says he was totally joking when he celebrated Tesla stock going down, says Elon Musk makes him unhealthy.
The comment came after Walz apparently didn’t realize his own pension plan owns Tesla stock.
“I have to be careful about being a smartass. I was making a… pic.twitter.com/w1QHAYyvco
— Collin Rugg (@CollinRugg) March 23, 2025
Tesla shares have rebounded nicely since a substantial drop so far this year.
Although the stock is still down about 28 percent this year, things are looking better for the company as it now shifts its focus to the release of several affordable models, the ramp of the new Model Y “Juniper,” the release of the Cybercab and Robotaxi platform in Texas and California, and other potential catalysts like the Optimus robot.
Tesla aiming to produce first “legion” of Optimus robots this 2025
Last week’s All-Hands meeting from Tesla was publicly broadcast on X and seemed to be the response many investors were hoping for as questions started to seep in regarding Musk’s commitment to the company.
While his attention seems to be on solving government spending and eliminating corruption, it is evident Musk is still paying attention to what is going on at Tesla.
Shares are up over 10 percent at 1:05 p.m. on the East Coast, trading at around $274.
Shark Tank personality and legendary investor Kevin O’Leary roasted former Vice Presidential nominee Tim Walz over his comments regarding Tesla shares earlier this week.
Walz, a Minnesota Democrat, said that he recently added Tesla (NASDAQ: TSLA) to his Apple Stocks app so he could watch shares fall as they have encountered plenty of resistance in 2025 so far. He said that anytime he needs a boost, he looks at Tesla shares, which are down 36 percent so far this year:
If you need a little boost during the day, check out Tesla stock 📉 pic.twitter.com/KBEh6pOZLW
— Tim Walz (@Tim_Walz) March 19, 2025
Walz, among many others, has been critical of Tesla and Elon Musk, especially as the CEO has helped eliminate excess government spending through the Department of Government Efficiency (DOGE).
However, Kevin O’Leary, a legendary investor, showed up on CNN after Walz’s comments to give him a bit of a reality check. O’Leary essentially called Walz out of touch for what he said about Tesla shares, especially considering Tesla made up a good portion of the Minnesota Retirement Fund.
As of June 2024, the pension fund held 1.6 million shares of Tesla stock worth over $319.6 million:
O’Leary continued to slam Walz for his comments:
“That poor guy didn’t check his portfolio and his own pension plan for the state. It’s beyond stupid what he did. What’s the matter with that guy? He doesn’t check the well-being of his own constituents.”
He even called Walz “a bozo” for what he said.
Of course, Walz’s comments are expected considering Musk’s support for the Trump Administration, as the Tesla CEO was a major contributor to the 45th President’s campaign for his second term.
However, it seems extremely out of touch that Walz made these comments without realizing the drop was potentially hurting his fund. While we don’t know if the fund has sold its entire Tesla holdings since June, as a newer, more recent report has not been released yet, it seems unlikely the automaker’s shares are not still making up some portion of the fund.
Tesla (NASDAQ: TSLA) received an upgraded rating on its shares from Wall Street firm Cantor Fitzgerald, who recently took a trip to Austin to visit the company’s data centers and production lines ahead of several high-profile product launches set for this year.
It was a bold move, especially considering Tesla shares are under immense pressure currently, fending off negative news regarding the company’s sentiment and potentially lower-than-expected delivery figures due to the launch of a new version of its most popular vehicle, the Model Y.
However, the bulls on Wall Street are still considering Tesla to be a safe play, especially considering its robust presence in various industries, including automotive, energy, and AI/Robotics.
Cantor Fitzgerald analyst Andres Sheppard said in a note that, during a recent visit to Tesla’s Cortex AI data centers and the production line at Gigafactory Texas, it was clear there is a lot of potential and runway for Tesla in 2025:
“On 3/18, we visited Tesla’s Cortex AI data centers and the factory’s production lines ahead of the company’s introduction of its Robotaxi segment (targeted for June in Austin, followed by CA later in 2025). With Tesla’s shares now down ~45% YRD, we upgrade Tesla to Overweight (from Neutral) ahead of upcoming material catalysts. Our $425 12-month PT is unchanged. Our Thoughts: Attractive Entry Point Ahead of Material Catalysts.”
Sheppard went on to mention the catalysts, which he believes are the Robotaxi rollout in Austin in June, along with the continued rollout of Full Self-Driving in China, the eventual rollout of FSD in Europe, and the introduction of the affordable models in the first half of this year, and those were just on the automotive side.
There are several others, including Optimus, growth in the energy division, and in the longer term, the Semi.
In terms of potential weaknesses, Sheppard expects the likely removal of the EV tax credit and some of its growth to be offset by tariffs as the two big things that stand in the way of even more growth for the company.
Tesla is up over 5 percent on Wednesday, trading at $236.86.
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