$TSLA

TSLA
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Tesla Stumbles

Q1 Deliveries Miss Spark Stock Slide

Tesla (TSLA) is facing a rocky start to 2026. The EV giant reported 358,023 vehicle deliveries for Q1, missing Wall Street’s expected target of 365,645 units.

The ripple effect was immediate:

* Stock Hit: Shares plummeted 5.4% on Thursday following the data release.

* Target Cuts: Wall Street heavyweights are losing confidence. Goldman Sachs slashed its price target from $405 to $375, and Truist followed suit with a downward revision.

* Market Sentiment: Both firms have maintained a cautious Hold rating as the market digests the delivery shortfall.

Despite the turbulence, Tesla remains the dominant force in the EV space, but investors are clearly on edge about slowing growth.

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