Tesla’s stock price fell on Monday due to concerns over the company’s delivery numbers, despite increased expectations from some analysts. Shares have dropped more than initial estimates this year, which has led investors to appear less concerned about the issue.
Analysts are worried about how many cars Tesla will say it sold in the past few months, especially with public backlash against CEO Elon Musk’s role in the Trump administration and tariffs on imported auto parts affecting production costs. The company is expected to release its first-quarter delivery numbers on Wednesday.
Investors have been more cautious than analysts so far, as they have seen a larger decline in Tesla’s stock price than initial estimates would suggest. The market reaction highlights a disconnect between investor sentiment and some analyst expectations.
Source: https://www.marketwatch.com/story/teslas-stock-dives-as-another-bullish-analyst-worries-about-deliveries-5e90f869