Tesla Braces for Q3 Delivery Numbers as JPMorgan Trims Its Forecast

Tesla is approaching its third-quarter delivery report with a reduced outlook from JPMorgan, which cut its forecast and pointed to softness in two key markets. The investment bank did not disclose the specific markets or the size of the revision.

The delivery figures are a closely watched gauge of demand for Tesla’s electric vehicles, and the quarter has drawn attention as the company manages production and pricing across its global operations. JPMorgan’s move suggests its analysts see near-term pressure on volumes.

Tesla typically publishes quarterly delivery and production data shortly after the period closes. Investors will compare the results against the lowered expectations and against the company’s own prior performance.