Elon Musk's Tesla Set For Lowest Quarterly Deliveries Since 2022, JPMorgan Predicts: 'Brand Has Lost So Much Value So Quickly'

JPMorgan analysts forecast Tesla to experience its weakest quarter for car deliveries since 2022. Tesla’s CEO, Elon Musk, and his role in the Trump administration are negatively impacting the company’s standing on Wall Street. The JPMorgan team, led by Ryan Brinkman, has slashed their first-quarter delivery forecast for Tesla by 20%, from 444,000 to 355,000. This figure is significantly below the consensus analyst projection of 430,000, reported Forbes.