Deutsche Bank Trims Tesla Price Target Amid Delive…
From None: 2025-03-28 17:53:00
Deutsche Bank cuts Tesla’s price target from $420 to $345, citing softening demand and delays in Model Q launch. Q1 delivery forecast lowered to 340,000-350,000 units, with potential margin pressure. Analysts predict 5% drop in 2025 deliveries to 1.7 million due to staggered Model Q rollout. Stock pressure attributed to auto volume disappointments and tech pullback.
Bank warns of uncertain regulatory and political landscape affecting Tesla’s stock. Future technologies like robotaxis and humanoid robots may face unpredictable progress. Long-term outlook positive, but near-term performance depends on managing demand challenges, successful Model Q launch, and navigating volatile market conditions.
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