Global Automotive Stocks/EV Focus/Event Driven, SC Capital

SC Capital

SC Capital has over 20 years' experience covering the global automotive industry both on the Sell Side (UBS & Morgan Stanley) and Buy Side (Och-Ziff), along with a wealth of industry contacts. 

Current focus is on electric vehicle stocks & their supply chains. Aim is to identify the winners and losers from a long/short perspective. This includes close coverage of legacy automakers as well.  

From time to time. we cover opportunistic events with stocks in the manufacturing sector, food & beverage, healthcare and tech, where we also have coverage experience.

Global Automotive Stocks/EV Focus/Event Driven

Tesla Up 6% on Tuesday Following a Model 3 Surprise

Tesla, Apple and the Folly of Trying to Dominate Ecosystems

Tesla Model 3 Component Orders Remain Choppy in Q2

Tesla--Preparing for a Diabolically Bad Q1

Tesla: Model 3 Production Suspension in Late February Should Not Come as a Surprise

Tesla to Face Stiff Competition From Jaguar's New EV

Over 22 years covering Japanese equities on both the sell side and the buy side. 

Bottom-up Japan Equities Research

Equity Bottom-Up

<ul>
<li>Tesla announced its Q1 2018 deliveries of 29,980 vehicles today, which were up +20% YoY, but mix was much worse than expected as the higher-priced Model S and X were down -13% YoY each (versus our estimates of -9% YoY for the Model S and flat YoY sales for the Model X), while the Model 3 came to 8,180 units (slightly higher than our estimate of 8,000 units).</li>
<li>Model 3 deliveries were 40% below consensus estimates of 13,800 units, while Model S &amp; X combined were 23% below consensus estimates…</li>
</ul>


Tesla announced its Q1 2018 deliveries of 29,980 vehicles today, which were up +20% YoY, but mix was much worse than expected as the higher-priced Model S and X were down -13% YoY each (versus our estimates of -9% YoY for the Model S and flat YoY sales for the Model X), while the Model 3 came to 8,180 units (slightly higher than our estimate of 8,000 units).
Model 3 deliveries were 40% below consensus estimates of 13,800 units, while Model S &amp; X combined were 23% below consensus estimates…


Tesla Q1 Deliveries Undershoot & Model 3 Output Lags