瑞银：Q2汽车交付恐令市场失望 重申特斯拉“卖出”评级

Core Viewpoint - UBS maintains a "sell" rating on Tesla with a target price of $215, anticipating a decline in Q2 delivery numbers compared to the previous year [1] Group 1: Delivery Expectations - Tesla is expected to announce Q2 2025 delivery data on July 2, with an estimated delivery volume of approximately 366,000 units, representing an 18% year-over-year decline and a 9% quarter-over-quarter increase, but still falling 10% short of market expectations [1]