A handful of Wall Street analyzes reduce their stock prices to Tasla after profits

• Analysts cut predictions Tesla stock After missing the company Profits Estimates.

• Wall Street is concerned about how the car maker is affected by definitions.

• There is also concern about the effect Elon Musk Politics, even as he says it will back down from Dog.

A large number of price cuts Tesla stock After the automotive maker of the latest quarterly results.

Auto is absent from the auto industry The profits for the first quarterThe revenue of 19.3 billion dollars, a decrease in 9 % of the levels last year and less than 21.4 billion dollars expected.

Tesla also gave investors a mixed bag of ads Profit call. The company, for example, is on the right path to launch Robotaxi Service and Tesla at reasonable prices Somewterly this year, but it withdrew the vehicle growth instructions for 2025, given the uncertainty about it Definitions.

For some in Wall Street, this is another reason to reduce their expectations for Tesla next year. Tesla shares were traded about $ 246 per share on Wednesday, and it still decreased by 34 % from the levels at the beginning of the year.

Here are what analysts say Elon Musk Motor CompanyAnd how much they reduced their expectations.

Old price goal: $ 260

New price goal: 235 dollars

The percentage of change from the current levels: -4 %

Goldman Sachs referred to Medley of Good News in the latest Tesla profit call, such as the expected Robotaxi launch but abolished 2025 instructions. Analysts said that Tesla’s long -term picture seems brighter Full self -driving.

“We still see the negative risks of unanimity estimates over the intermediate period, given the costs of the final tariffs and final demand considerations, and we reduce our estimates to reflect the sizes of low vehicles (due to the company’s comments that indicate that new planned models may be later this year may be unique of what we expected) and Opex’s height”, analysts wrote on Wednesday.

Old price goal: $ 314

New price goal: 307 dollars

The percentage of change from the current levels: +24 %

Tom Narayan, an analyst at RBC, entitled his observation after the call, “The pleasure has risen with pain.” In particular, he pointed to how the auto maker withdrew in his directives to grow in 2025.

Definitions can also affect significantly Energy storage in Tesla Business – a bright point in the results – given that its batteries are obtained from China. On the side of the car, the company looks “in a better position” to deal with commercial policy changes, given that Tesla Model and “The most American -made cars in the world,” Narayan said.