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benzinga.com
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Elon Musk's Tesla Set For Lowest Quarterly Deliveries Since 2022, JPMorgan Predicts: 'Brand Has Lost So Much Value So Quickly' - Tesla (NASDAQ:TSLA)

1. JPMorgan forecasts Tesla's weakest quarterly car deliveries since 2022. 2. First-quarter delivery forecast cut from 444,000 to 355,000 units. 3. Musk's political involvement negatively affects Tesla's European sales. 4. JPMorgan sets a $120 price target, indicating over 50% downside. 5. Analysts view Musk's leadership at Tesla as unsustainable for shareholders.

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FAQ

Why Very Bearish?

Significant delivery forecast cuts indicate weakening demand and potential value loss, similar to past downturns in automotive stocks.

How important is it?

The drastic forecast cut and political context are likely to trigger negative market reactions, affecting TSLA's stock performance.

Why Short Term?

Immediate delivery declines will affect near-term revenue; however, long-term recovery is possible if market sentiment shifts.

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