Tesla stock fell 8.3% due to lowered price target and delivery estimates, concerns about struggles.

From Nasdaq: 2025-03-10 10:55:00

Tesla’s shares fell 8.3% after a Wall Street analyst cut the price target to $225 and lowered delivery estimates to 367,000 for the first quarter, citing lower demand for Model 3 and Model Y.

Analysts raise concerns about Tesla’s struggles in Europe and China, with the company’s gross margin projected to drop to 10.3%. Tesla’s stock, previously surging, has now retraced all gains post-election, trading at about 85 times forward earnings.

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