Tesla's Big Day: What Experts Are Saying

Declining Metrics

• Car Deliveries: Dropped by 14% last month
• Earnings: Expected to fall by 21% from last year
• Revenue: Projected to decrease by over 11%

First-Quarter Performance

• Car Sales: Dropped by 20%
• Total Revenue: Fell by 9%
• Stock Performance: Hit a low in April, bounced back after Elon Musk stepped down from a government role
• Year-to-Date Stock Change: Down 18%, despite a recent 40% rise

Wall Street's Divided Opinions

Bearish Views

• UBS: Thinks Tesla is overvalued, could drop by 35%. Points to issues in the car business and Elon Musk's focus on other ventures.
• Evercore ISI: Cautious due to negative changes in estimates and delays in self-driving car rollouts.
• Barclays: Sees a mix of good and bad news, with potential improvements in car margins but delays in new models.
• Baird: Worried about car sales and margin squeezes in the energy segment.
• Bank of America: Expects challenges due to tariffs and delays in new models, but sees hope in the robotaxi service.

Bullish Views

• Deutsche Bank: Cautiously optimistic.
• Cantor Fitzgerald and Piper Sandler: See potential for growth.
• Stifel: Most bullish, predicting a 36% rise in the stock.