
2TSLA : Gary Black Warns Tesla Q2 Deliveries Will 'Disappoint'
- by Benzinga.com
- Jun 30, 2025
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Reveal Full Score He has also repeatedly warned that the company’s second-quarter sales would be disappointing. Having said last week that Tesla’s CEO, Elon Musk, is unwilling to accept that at least some of this weakness is owing to the “brand taint associated with his right-wing political rhetoric and DOGE activities.”
Other leading analysts, such as Mark Delaney of Goldman Sachs, have since lowered their price targets for the stock to $290, with a “Neutral” rating, citing the company’s substantial demand and brand-related issues.
There have been several bullish takes on the stock as well, with Wedbush analyst Dan Ives raising the target to $500 while reiterating its “Outperform” rating last week.
In a research note, Ives said, “We believe the march to a $2 trillion valuation for Tesla has now begun.”
Price Action: Shares of Tesla were down 1.43% on Friday, ending the week at $323.79, but it is up 0.75% after hours.
Tesla scores well on Benzinga’s Edge Stock Rankings, and has a favorable price trend in the short, medium and long terms. Click here for deeper insights on the stock, its peers, and competitors.
Photo Courtesy: Jonathan Weiss on Shutterstock.com
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