On the other hand, analysts are a little nervous about Tesla's near term. Barclays analyst Dan Levy lowered his second-quarter deliveries estimate for Tesla to 415,000 units, which is notably below the consensus estimate of 450,000 units, Barron's reported. The analyst blamed the issue on weak European sales and only modest production increases in China. RBC Capital Markets analyst Tom Narayan reduced his price target for Tesla stock from $293 to $227, citing a muted outlook for the company's robotaxi service.