Tesla (TSLA) delivery estimates are plunging as growth story dissipates
Analysts are releasing a wave of delivery estimate downgrades for Tesla as the automaker’s growth story is dissipating – at least for the next few years.
Tesla’s stock has been performing poorly this year. It is one of the worst-performing stocks in the S&P500.
There are several different arguable reasons for that, but the main one appears to be Tesla’s dissipating growth story and the lack of a clear path back to it in the near term.
While Elon Musk likes to say that Tesla is a conglomeration…