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Citi Reiterates Sell Rating on Tesla (TSLA), Updated Model Estimates Ahead of Q2 Deliveries Annoucement

June 29, 2022 6:21 AM EDT

Citi analyst Itay Michaeli reiterated a Sell rating and $375.00 price target on Tesla (NASDAQ: TSLA).

The analyst comments "Were updating our Tesla model ahead of Q2 deliveries. Our update incorporates the following: (1) Lower Q2E delivery units reflecting previous Shanghai disruptions (total deliveries:... More