A Tesla Inc TSLA analyst lowers the price target on the stock due to weaker than expected demand in regions like Europe. The Tesla Analyst: Goldman Sachs analyst Mark Delaney maintained a Neutral rating on Tesla and lowered the price target from $345 to $320. Read Also: Tesla Sales Drop 12% In California: Is Elon Musk's Support For Donald Trump Hurting EV Sales? The Analyst Takeaways: Broad demand trends for electric vehicles and lower demand seen in Europe will lead to lower delivery estimates for Tesla, Delaney said in a new investor note. "We continue to expect Tesla to face difficult fundamental conditions in the near-term, and our EPS estimates are below the Street for 2025," he said. The analyst said Tesla's earnings growth will improve over the longer-term thanks to software revenue like FSD.