Deutsche Bank predicts Tesla’s affordable Model Q or Model 2 to be under $30,000, competing with popular EVs like the Volkswagen ID.3 and BYD Dolphin. The new model could be 15% shorter and 30% lighter than the Model 3, with lithium iron phosphate batteries offering up to 310 miles of range. Charging is quick at Tesla V3 Superchargers and home Level 2 chargers.

Despite rough patches, Tesla’s long-term outlook remains strong with a $1.1 trillion market cap. The company’s real-world driving data and AI systems give it an edge in autonomous driving. The potential of the Optimus robot in its factories could lead to broader demand. Tesla’s in-house operations and global support for green tech position it well for success.

Tesla’s Q1 2025 financials showed $19.3 billion in total revenue, a 9% drop YoY, with automotive business down 20%. Energy generation revenue surged 67%, while services segment increased 15%. Earnings per share were $0.27, 40% lower than expected. Cash flow improved significantly, reaching $2.2 billion in operating cash flow.

Analysts expect Tesla’s Q2 earnings report on July 23 with an estimated EPS of $0.29. Stock rating remains “Hold” with a mean target price of $297.86, but high target price of $500 implies 51% upside potential. Out of 40 analysts, 12 rate it as “Strong Buy,” 2 as “Moderate Buy,” 16 as “Hold,” and 10 as “Strong Sell.”

Read more at Yahoo Finance: Is the Tesla ‘Model Q’ Coming in 2025? These Top Analysts Think So.