Goldman Sachs has increased its estimate for Tesla's second-quarter vehicle deliveries, citing stronger sales in Europe and China. The bank now projects 420,000 units for the period ending June 30, up from its prior forecast of 405,000.
The revision exceeds the Visible Alpha consensus of 400,000 units. Europe is expected to show year-over-year growth of 85 to 90 percent, supported by demand for the Model Y. China is forecast to post high single-digit gains.
Goldman Sachs also raised its full-year 2026 delivery target to 1.73 million vehicles from 1.72 million. It increased its 2026 earnings-per-share estimate to $1.35 from $1.30. The firm kept its Neutral rating and $375 price target unchanged.
Tesla reported 358,023 deliveries in the first quarter of 2026. Official second-quarter figures are scheduled for release shortly after June 30.