Tesla Is Set To Report Deliveries Wednesday. Here's What To Expect.

Core Insights - Tesla is expected to report quarterly delivery numbers with analysts predicting a double-digit decline year-over-year [2][8] - The company is projected to deliver just under 400,000 vehicles for Q2, down 10% from over 440,000 deliveries in the same quarter last year [3] - Production is forecasted to increase to approximately 434,200 vehicles from 410,831 in the year-ago quarter [3] Demand and Market Conditions - Demand for Tesla's vehicles has decreased in key markets such as the U.S. and Europe, influenced by political backlash against CEO Elon Musk's ties to the Trump administration [4][8] - The first-quarter deliveries fell significantly below estimates, indicating ongoing challenges [4] Analyst Predictions - Some analysts believe Q2 could represent the low point for Tesla's delivery numbers, with expectations of recovery in the second half of the year due to improving brand perception [5] - RBC Capital Markets forecasts about 366,000 deliveries, suggesting potential delays in demand as consumers may be waiting for a more affordable model [6] - Baird analysts noted that while deliveries are crucial, the recent launch of robotaxi and the excitement surrounding it may take precedence in the near term [7] Stock Performance - Tesla's stock has seen mixed analyst ratings, with 10 "buy" ratings, four "hold," and four "sell" ratings, and price targets ranging from $160 to $500, averaging near $306 [7] - The shares have lost about 20% of their value in 2025, closing at just over $323 [7]