According to reports, JPMorgan analyst Rajat Gupta has lowered his estimate for Tesla's Q2 vehicle deliveries from 430,500 units to 420,000 units, citing mixed recent demand signals for electric vehicles. In response, Gupta also reduced Tesla's Q2 earnings forecast from $0.44 to $0.42 per share and lowered the 2026 earnings-per-share projection from $1.95 to $1.90.
