Tesla stock drops 5% as analyst cuts delivery and earnings estimates, citing weakening sales in Europe

From Yahoo Finance: 2025-07-01 09:12:00

Tesla stock dropped by 5% on Tuesday as JPMorgan analyst Ryan Brinkman cut his delivery and earnings estimates. He now predicts Tesla will deliver 360,000 vehicles in Q2, a 19% decline from last year. Brinkman also lowered his Q2 EPS forecast to $0.42 from $0.48 and full-year 2025 EPS to $1.75 from $2.07. Deutsche Bank, on the other hand, expects Q2 deliveries to hit 355,000, down from their previous estimate of 385,000. The analysts highlighted weakening sales in Europe, stiff competition, and slow growth in North America. Tesla shares are down 20% year to date.



Read more at Yahoo Finance: Why Wall Street’s biggest Tesla bear still hates the stock