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Tesla Analyst Lowers Q4 Delivery Estimate, Says 2 Dynamics Will Determine EV Stock's Valuation

Benzinga ·  00:15

ATesla Inc(NASDAQ:TSLA) analyst has lowered the fourth-quarter delivery estimate for the company citing weak demand and survey data, which could see the company miss full-year growth estimates.

The Tesla Analyst:Goldman Sachs analyst Mark Delaney maintained a Neutral rating on Tesla with a $250 price target.

Read Also: Tesla Q3 Earnings Highlights: EPS Beat, Revenue Miss, Shares Climb On 2025 Timeline For Lower-Cost EVs

The Analyst Takeaways: Data on Tesla deliveries for key regions like the United States, Europe and China could point to mixed demand for the current fourth quarter, Delaney said in a new investor...

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