Tesla deliveries get a big boost in expectations from Wall Street
AI-summarised brief · reviewed before publication
Goldman Sachs has raised its vehicle delivery forecast for Tesla in the second quarter of 2026 to 420,000 units, surpassing the Visible Alpha consensus estimate of 400,000. The upward revision stems from stronger-than-expected sales data across key regions, including Europe with projected year-over-year growth of 85-90 percent. China posted high single-digit gains, while markets like South Korea and Australia also contributed positive momentum. The bank also increased its 2026 delivery projection to 1.73 million vehicles and nudged its 2026 earnings-per-share estimate higher. Tesla's stock sits about 8-9 percent above Goldman's target, highlighting ongoing valuation concerns.
💡 Why It Matters
- · Goldman's revision underscores Tesla's resilience amid softening demand and tariff uncertainties in legacy auto markets.
- · Europe's surge reflects pent-up demand and policy support for EVs, highlighting Tesla's competitive positioning.