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Another Tesla Analyst Sees Vehicle Sales Falling Again This Year
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A second analyst covering Tesla Inc. is bracing for vehicle sales to drop this year, rather than rebound from the first annual decline in more than a decade.
Chris McNally at Evercore ISI cut his full-year estimate for vehicle deliveries to 1.75 million, from 1.88 million, in a report published Wednesday. The revision follows UBS Group AG’s Joseph Spak slashing his projection to 1.7 million on Monday, which contributed to Tesla shares having their worst day since September 2020.