From Morningstar: 2025-04-02 12:08:00

Tesla (TSLA) reported first-quarter deliveries of 336,681 vehicles, down 13% from last year, below guidance, causing shares to drop 2%. Lower deliveries make it challenging to meet 2025 growth targets, affecting ancillary product markets. Despite this, Tesla’s fair value estimate remains at $250 per share, with hopes of delivery improvement in the second half of the year.

Analysts maintain a fair valuation for Tesla, suggesting investors wait for a margin of safety before considering entry. The company plans to release new models like the refreshed Model Y and an affordable vehicle later in 2025 to drive delivery growth. First-quarter earnings are expected on April 22, with updates on future plans anticipated.



Read more at Morningstar: Tesla: First-Quarter Deliveries Decline, Driving…