$TSLA - CANTOR STAYS BULLISH ON TESLA AHEAD OF Q3 DELIVERIES
Cantor Fitzgerald reiterated its Overweight rating and $485 price target on Tesla ahead of this week’s expected Q3 delivery update.
Cantor forecasts 421,758 vehicle deliveries, below the 448,679 consensus, alongside roughly 15 GWh of energy-storage deployments.
Tesla is also reportedly producing up to 1,000 Semi trucks per week, while a new Roadster reveal could come October 1.
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