Tesla stock gets cautious outlook from Barclays over Q2 2024 concerns
Briefly

Barclays analysts project Tesla's Q2 deliveries at ~415k units, lower than consensus, citing weaker sales in Europe, modest China production. They anticipate a 5k vehicle inventory increase, possibly impacting margins and EPS negatively.
Another Q2 miss following the first quarter's disappointment could further harm Tesla's performance. Barclays maintains 'Equal-Weight' rating, $180 share price target for TSLA stock.
Read at TESLARATI
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