Goldman Sachs Adjusts Tesla Delivery Forecasts Ahead of Q3 Results
Goldman Sachs analyst Mark Delaney has revised Tesla's delivery estimates upward for Q3 and Q4 2025, countering Wall Street's tempered expectations. The new projections—455,000 units for Q3 and 450,000 for Q4—reflect improved app download trends and consumer survey data, alongside tailwinds from the Model Y launch and expiring EV tax credits.
Delaney, ranked in the top 3% of Wall Street analysts, maintains a 2026 estimate of 1.865 million units. The adjustment underscores a cautiously optimistic outlook for Tesla's production recovery, though broader market concerns persist after year-over-year declines in Q1 and Q2.