RBC Capital estimates Tesla (TSLA) will deliver 366,000 vehicles in Q2, below the Visible Alpha consensus of 406,000 units and Factset consensus of 390,000. The firm, which notes that it expects Q2 to be up sequentially versus the Q1 result of 337,000 deliveries as a result of refreshed Model Y availability and plants operating at greater capacity, expects Tesla to report deliveries next week. RBC has an Outperform rating and $307 price target on Tesla shares.
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