$TSLA - DEUTSCHE BANK SEES TESLA Q4 DELIVERIES FALLING SHORT
Deutsche Bank expects Tesla’s fourth-quarter 2025 deliveries to miss forecasts, citing weaker demand in the US, Europe, and China. Analyst Edison Yu projects about 405,000 deliveries, down 14% year over year, with sharp declines in North America and Europe. China volumes are also expected to fall modestly. Lower deliveries are likely to pressure margins. Despite near-term weakness, Deutsche Bank remains positive long term, supported by progress in robotaxi development, and raised its Tesla price target to $500.
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