Tesla Stock Faces 'Demand/Brand Issues' In US, Competition In China: Analyst Lowers Delivery Estimates
1. Goldman Sachs lowers TSLA price target from $295 to $285. 2. Analyst reports weakened demand in U.S., Europe, and China. 3. Second-quarter delivery estimates cut to a range of 335k-395k. 4. April registrations in Europe saw a 50% year-over-year decline. 5. Consumer sentiment regarding TSLA is weak in North America and Europe.