Tesla stock slips after delivery update; Wall Street shifts focus to Tesla’s Jan. 28 earnings
NEW YORK, January 3, 2026, 06:15 ET — Market closed. Tesla (TSLA) shares ended down 2.6% at $438.07 in the last session, after the electric-vehicle maker released its quarterly production and delivery update. The stock traded between $435.33 and $462.42 on Friday. The data landed on the first trading day of 2026, giving investors an early read on demand. Deliveries, a proxy for sales that counts vehicles handed to customers, remain one of Tesla’s most-watched metrics. Truist analyst William Stein cut his price target — an analyst’s estimate of where a stock should trade — to $439 from $444 and