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Posted by
Two Blokes Jul 2 -
Filed in
Stock
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5 views
Tesla, Inc.'s Q2 deliveries missed expectations, following the trend since Q3'24; nonetheless, TSLA stock is in the green on already low expectations and Musk-driven sentiment. We maintain our Buy. Tesla's demand issue, price pressure from Chinese rivals, and lackluster Robotaxi launch continue to be big problems, but ones that have been priced into market sentiment for the near-term. Expectations for Tesla are already hovering at a low level, having been dragged down from initial expectations of 500,000 for the quarter to 387,000.
