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Tesla Stock: What To Expect With Their Delivery Numbers Report
TSLATesla(TSLA) MarketBeat·2025-04-03 11:50

Core Viewpoint - Tesla is at a critical juncture with its stock showing recent strength despite being down 45% from its December high, closing at 282.76,andtheupcomingdeliverynumbersandearningsreportwillbepivotalforitsfuturedirection[1][2][4].Group1:StockPerformanceandMarketSentiment−Teslashareshaveshownsurprisingresilience,closingat282.76, and the upcoming delivery numbers and earnings report will be pivotal for its future direction [1][2][4]. Group 1: Stock Performance and Market Sentiment - Tesla shares have shown surprising resilience, closing at 282.76, up 5.33%, and have not set a new low in nearly three weeks, indicating a potential shift in market sentiment [1]. - The stock is still significantly below its peak of 488.54,reflectingongoinginvestorconcerns[1].−Analystshavemixedviews,withsomemaintainingbullishpricetargets,suchasStifelNicolausat488.54, reflecting ongoing investor concerns [1]. - Analysts have mixed views, with some maintaining bullish price targets, such as Stifel Nicolaus at 455 and Wedbush at 550,suggestingpotentialupsidesof70550, suggesting potential upsides of 70% and 105% respectively [8][10]. Group 2: Delivery Numbers and Earnings - The upcoming delivery numbers are crucial, as they could either reinforce bearish narratives or spark a rally, depending on performance [2][4]. - Analysts are closely watching these numbers, as disappointing results could lead to increased bearish sentiment, while better-than-expected results could restore momentum [4][11]. Group 3: Competitive Landscape and Operational Challenges - Tesla faces growing pressure from increasing competition in the global EV market, with reports of a 37% drop in sales in March in France and similar trends in Europe and China [3][6]. - Concerns have been raised about flattening EV adoption rates in the US and EU, alongside the potential loss of a 7,500 tax credit, which could hinder Tesla's sales [6]. - The upcoming Cybercab launch is viewed skeptically due to safety concerns and limited testing, with expectations for significant advancements needed by June [7]. Group 4: Analyst Perspectives - Wells Fargo has reiterated a bearish stance, lowering its price target to $130, indicating a potential downside of over 50% from current levels [5]. - Conversely, some analysts argue that much of the negative news is already priced in, citing Tesla's innovation pipeline and future ambitions as reasons for potential recovery [8][9].