Tesla Analysts Warn on Demand, Profits as Quarter Nears End
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The concerns around the demand for Tesla Inc.’s cars are resurfacing as the second quarter nears a close, with Goldman Sachs analyst David Tamberrino saying volume estimates for the second half of the year and beyond appear to be high, considering there are now fewer “levers to pull to stoke demand going forward.”
The analyst said the second quarter may have been a better environment for both demand and deliveries, “but to a level that is likely not sustainable.”