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

Electric-vehicle leader Tesla blew away Wall Street’s fourth-quarter delivery expectations.

The plaudits are pouring in from Wall Street. “Jaw-dropping,” “supercharged,” “blowout” and “fireworks” are all adjectives being bandied about by analysts describing the quarterly result. Beating expectations is always a good thing on Wall Street, but the size of Tesla’s beat might make investors wonder: How did Wall Street get the fourth quarter so wrong?

Analysts…

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