Founder & CEO Bond Angle, LLC, Bond Angle, LLC

Vicki Bryan

Vicki Bryan founded Bond Angle in 2018, after more than 20 years in investment management and research, with a primary focus in high yield and distressed markets and selected coverage in investment-grade fixed income and equity. 

Vicki Bryan's Bond Angle provides insightful commentary and analysis on high yield bond markets and market movers, including financial, economic, and industry catalysts, noted for spotting management stumbles and shenanigans early and often. Follow Vicki at bondangle.substack.com and on Twitter @VickiBryanBondA and LinkedIn.

Founder & CEO Bond Angle, LLC

Here We Go Again: Tesla Q1 Deliveries Tracking Another Miss

Tesla Q1 Deliveries "Beat" Rapidly Falling Market Estimates But Miss Management Guidance

Tesla's Demand Problems Aren't Going Away

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

Bond Angle, LLC

Insightful commentary and analysis on bond markets and market movers, including financial, economic, and industry catalysts and management shenanigans. 

High yield market investment research

Credit

<ul>
<li>Tesla traditionally sells 50-60% of total quarterly sales in the last month—until now.</li>
<li>Stubbornly high inventory levels signal that trend is at risk—along with ambitious market estimates for Q2</li>
<li>June deliveries may track lower versus April+May and be down y/y. If so, Q2 deliveries may be little changed or even lower versus Q1 results.</li>
</ul>


Tesla traditionally sells 50-60% of total quarterly sales in the last month—until now.
Stubbornly high inventory levels signal that trend is at risk—along with ambitious market estimates for Q2
June deliveries may track lower versus April+May and be down y/y. If so, Q2 deliveries may be little changed or even lower versus Q1 results.


Tesla's Still Bloated Inventory Signals June Sales May Disappoint, Along With Q2 Market Estimates