Tesla's Future Growth From Robotaxis And New Products Intact Despite Q1 Miss: Analyst
1. Piper Sandler maintained TSLA with an Overweight rating but lowered the price forecast. 2. First-quarter deliveries missed expectations, affecting gross margins significantly. 3. New product details remain undisclosed, hindering growth confidence. 4. Analyst expects substantial future catalysts could lead to TSLA rallies. 5. Projected revenue for Q1 is $20.29 billion with EPS of $0.36.