Barclays projects Tesla Q3 deliveries at 475,000, driven by FSD and exports
Barclays estimates Tesla's Q3 deliveries at 475,000 units, exceeding market consensus of 466,000. Analyst Dan Levy highlights that FSD adoption, which exceeded 55% in North American deliveries during Q2, and strong export volumes from the Shanghai Gigafactory are key growth drivers. Despite cost pressures and incentives, the firm maintains a neutral rating with a $370 price target.
Summaries are written by AI from the original article. Not investment advice.