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BTCC / BTCC Square / Global Cryptocurrency /
Goldman Sachs Lowers Tesla Q2 Delivery Forecast Amid Global Sales Slowdown

Goldman Sachs Lowers Tesla Q2 Delivery Forecast Amid Global Sales Slowdown

Author:
Global Cryptocurrency
Published:
2025-06-06 12:26:02
12
3

Tesla shares tumbled over 14% as Goldman Sachs analyst Mark Delaney slashed the Q2 delivery forecast, citing weakening demand across major markets. The price target dropped from $295 to $285, maintaining a Neutral rating. U.S. deliveries are tracking 15% below 2024 levels, while European registrations plummeted 50% YoY in April.

China shows marginal sequential improvement but remains 20% below prior-year sales. Delaney now projects just 365,000 vehicle deliveries for the quarter—a stark contrast to earlier bullish expectations. The EV maker's growth narrative faces its sternest test yet as macroeconomic pressures and competitive intensity converge.

|Square

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