From Financial Modeling Prep: 2025-06-06 15:02:00

Goldman Sachs reduced Tesla’s price target to $285 from $295, maintaining a Neutral rating due to weakening vehicle demand. Second-quarter delivery estimate lowered to 365,000 units, down from 410,000. U.S. deliveries down by mid-teens, European registrations fell 50%, and China sales were 20% lower. Consumer sentiment towards Tesla also declined.

The firm adjusted its projections based on regional data showing declining demand for Tesla vehicles. U.S. deliveries down by mid-teens, European registrations fell 50%, and China sales were 20% lower compared to last year. Surveys indicated a drop in consumer sentiment, leading to revised Q2 delivery estimates between 335,000 and 395,000 units.

Goldman Sachs revised Tesla’s Q2 delivery estimates to between 335,000 and 395,000 units, reflecting weakening demand. Consumer sentiment towards Tesla has also declined, leading to lower EPS expectations. The firm anticipates Tesla may rely on incentives in June, impacting delivery numbers. Revised valuation considers these factors.



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