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Goldman Sachs Out Mixed on Tesla (TSLA)

July 2, 2024 10:20 AM EDT

Goldman Sachs analyst Mark Delaney reiterated a Neutral rating and $175.00 price target on Tesla (NASDAQ: TSLA).

The analyst comments "Tesla reported preliminary 2Q24 vehicle deliveries of about 444k (up 15% qoq and down 5% yoy), and production of about 411k vehicles (down 14% yoy). This compares to 1Q24 deliveries of about 387K and... More

Tesla (TSLA) added to Wells Fargo's Q3 tactical ideas list

July 1, 2024 7:16 AM EDT

Wells Fargo added Tesla (NASDAQ: TSLA) to its Q3 Tactical Ideas List but maintained an Underweight rating on the stock in a note Monday.

The bank's analysts warn of "declining delivery growth driven by lower demand & diminished return on price cuts." They estimate a 14% year-over-year decline in deliveries for 2024, falling short of... More