Key facts
- Goldman Sachs has increased its forecast for Tesla's second-quarter vehicle deliveries.
- The revised forecast is 420,000 vehicles, exceeding the market consensus of 400,000.
- The upgrade is based on stronger-than-expected sales data.
- Growth was bolstered by a significant rebound in Europe.
- Positive sales trends were also observed in China and other Asian markets.
Goldman Sachs has revised its second-quarter delivery forecast for Tesla, projecting 420,000 vehicles. This upward revision surpasses the prevailing market consensus of 400,000 vehicles. The adjustment is attributed to stronger-than-expected sales data emerging from key markets. Notably, Europe has experienced a significant rebound in sales, contributing substantially to the revised outlook. Additionally, positive sales trends have been observed in China and other markets across Asia, further supporting the increased forecast.