Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Tesla reports Tuesday and General Motors on Monday. Both names carry meaningful alternative data signals heading into their prints.
German car registration data, which ORTEX Alt Data identifies as leading GM revenue by 15 days with a strong fit, is running +133% on the same quarter last year across all three months of the period. For Tesla, the same German cars dataset leads revenue by 43 days and is running +269% year-on-year, again covering all three months. These are readings, not forecasts, but the direction is clear and consistent.
Tesla carries a short interest of just 2.5% of free float. GM sits at 2.4%. Neither name looks heavily contested by short sellers heading into results.
In Europe, Gerresheimer and EV charging network Fastned report today. follows Wednesday. Austrian car registration data leads Renault revenue by 32 days with a moderate fit and is running +6% on the year. Dutch car data, also a moderate fit, is running -40%, giving a mixed picture for the French carmaker.
On the index rebalance radar, AST SpaceMobile and IREN saw MSCI World deletion odds jump to 95% and 96% respectively overnight. The 19 October rank date is four sessions away. ORTEX Rebalance Radar puts implied forced selling at $674M for ASTS and $635M for IREN.
No IPOs are confirmed in the next seven days according to the ORTEX events database.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data and reviewed by the ORTEX team. Content is informational only and does not constitute investment advice.
