Tesla Faces Stock Decline as Analysts Slash Delivery Forecasts and Price Targets

Mizuho reduces Tesla's 2025 delivery estimate by 500,000 units, citing demand challenges, geopolitical tensions, and growing competition.

Tesla's 2025 delivery forecast has been reduced from 2.3 million to 1.8 million vehicles by Mizuho, with the 2026 estimate also cut to 2.3 million.
The company's February sales significantly underperformed in key markets, with U.S. sales down 2%, China down 49%, and Germany down 76% year-over-year.
Tesla's stock has dropped 38% year-to-date and was down nearly 5% on Monday following the revised forecasts and price target cuts.
Mizuho lowered Tesla's stock price target from $515 to $430, citing weakening brand perception, geopolitical challenges, and increased competition in China.
Tesla is planning a lower-cost Model Y to regain market share in China, though mass production is not expected to begin until 2026.