Tesla's Share Price Surge

Tesla (TSLA) experienced a notable rise in its share price, climbing nearly 4% to close at $268.46 on Tuesday, just one day ahead of the eagerly anticipated first-quarter deliveries report.

Analyst Projections

Analysts are on the edge of their seats, projecting that Tesla will unveil about 393,000 deliveries for the first quarter. This figure, while a slight increase of less than 2% year-over-year, reflects a significant decline from the previous quarter's impressive 495,570 vehicles delivered.

Wedbush's Optimistic Outlook

Wedbush analysts, known for their optimistic outlook, have set a striking price target of $550 for Tesla, which stands well above the average target of $349 compiled by Visible Alpha. However, they caution that the forthcoming delivery figures might come in even softer than expected, estimating between 355,000 to 365,000 deliveries.

Challenges in Key Markets

The electric vehicle giant has faced notable challenges in 2025, particularly in crucial markets like Europe and China. According to the European Automobile Manufacturers' Association, Tesla registered just over 19,000 new vehicle registrations in the EU within the first two months of the year, marking an alarming drop of around 50% compared to the same period last year.

Additionally, Tesla’s sales in China reportedly plummeted close to 50% in February, signaling a potential crisis in what is considered one of the company’s most vital markets.

Political Backlash and Its Impact

Adding to the turmoil, CEO Elon Musk has encountered political backlash due to his involvement in the Trump administration's Department of Government Efficiency. Analysts at Wedbush have indicated that this controversy is "clearly at play and a major factor" affecting Tesla’s quarterly delivery figures.

Looking Ahead

As all eyes turn to the upcoming delivery report, investors and analysts alike are bracing for what could be a pivotal moment for the future of Tesla. Will the company bounce back from these challenges or will the anticipated numbers raise more questions than answers? Stay tuned, as the developments unfold!