$Tesla (TSLA.US)$At one point, it fell more than 6% in pre-market trading on Monday after the global electric car giant reported third-quarter delivery figures that fell short of analysts' consensus expectations. According to the data, car delivery in the third quarter was 343800, and the market is expected to be 357900.

"the third-quarter delivery data may not be good enough for Wall Street to attract new bulls, especially when global financial markets are volatile and plagued by the twin challenges of inflation and rising interest rates," said Russ Mould, an analyst at AJ Bell.

After Tesla, Inc. released the latest delivery data, Wall Street giant JPMorgan Chase & Co held a "bearish" attitude towards Tesla, Inc.. "We remain vigilant about Tesla, Inc. 's valuation and continue to believe that it will fall significantly relative to our target price (- 42 per cent)," said Ryan Brinkman, an analyst at JPMorgan Chase & Co. "the disadvantages include the intensification of competition over time, less and less difference from traditional carmakers, and may face valuation compression in the future."

JPMorgan Chase & Co analysts set Tesla, Inc. 's target price at $153and maintained his "sell" rating.

However, there are still a large number of long institutions in the market that can make up for the pessimism dominated by institutions such as JPMorgan Chase & Co.. For example, Truist Securities raised its target share price to $348 from $333 after Tesla, Inc. announced Q3 delivery.

Mark Delaney, an analyst from Goldman Sachs Group, commented in the report: "We believe that Tesla, Inc. will still be able to achieve strong sales and profit margins, as well as FCF (free cash flow) in the future. In the third quarter, the logistics of vehicles in transit was one of the major factors contributing to the lack of delivery in the third quarter. "Goldman Sachs Group analysts maintain Tesla, Inc. 's "buy" rating, with a target price of $333.

At the same time, Wall Street giant Wedbush believes that Tesla, Inc. 's performance in the fourth quarter will soon make investors put aside the delivery volume in the third quarter.

Dan Ives, an analyst at the bank, said: "We believe that sales in the fourth quarter will be very strong and may be close to more than 475000 vehicles. In short, there is little to emphasize this quarter, and Wall Street will be disappointed by the weak delivery figures for the third quarter. In other words, we think this is more about logistics than the beginning of the weak delivery trajectory in 2023 or the fourth quarter, and we are still optimistic about Tesla, Inc. 's story. "

Wedbush remains bullish on Tesla, Inc. 's growth story, rating Tesla, Inc. as "outperforming the market" and targeting a share price of $360.