Barclays has raised its forecast for Tesla's (TSLA) third-quarter deliveries to 470,000 vehicles, significantly above Wall Street's prediction of 461,000...
) third-quarter deliveries to 470,000 vehicles, significantly above Wall Street's prediction of 461,000. This bullish outlook is driving Tesla 's stock higher. Barclays Senior Equity Research Analyst Dan Levy joins Morning Brief to discuss his projections.
And now we think that probably on track to be flat for the full year as opposed to maybe they were tracking maybe down year over year, a few months ago. We do think that improved volume will help pricing has been neutral, maybe slightly negative, but you do have tariffs coming online So we're managing our expectations, they're still using pricing actions, but on an incremental basis versus where we were a quarter ago, maybe they haven't, there hasn't been much uh much more on the discounting side.
And if we're talking about truly driverless ride sharing model is going to take them a very long time to get that to scale and to be a proper business model, what could happen along the way though is we've fully seen that there is a narrative around this, right? Pesticides banned in France and within the European Union have been found in a substantial number of imported products. The According to report carrid by the investigative documentary series Vert de rage , produced by public French television, of 22 samples of fruits and vegetables purchased in large French supermarket chains, seven contained pesticide residues banned in Europe.
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