Tesla is expected to report Q2 deliveries on Wednesday, and while almost all Wall Street firms expect disappointing numbers, Deutsche Bank weighed in this past week with some additional details on what to look for when Tesla reports its figures.
Analysts, led by Edison Yu, issued a sobering preview of Tesla’s second-quarter vehicle deliveries, forecasting a significant miss even compared to Wall Street consensus. In a research note published this week, the team trimmed their 2Q25 delivery estimate to 355,000 units, down from their prior forecast of 385,000, and well below the sell-side consensus of over 380,000.
Despite representing a sequential increase of more than 5% from the first quarter, the revised figure would mark a nearly 20% year-over-year decline, highlighting persistent demand challenges across key regions. However, Deutsche Bank notes that this shortfall is largely expected by investors, with buyside expectations already materially below consensus.
