After Tesla's vehicle deliveries were about 5% higher than the market's agreed expectations, UBS reiterated its neutral rating for the stock. The target price was $385, believing that the rebound trend in car sales would continue. However, the scale of implementation of the energy storage business fell short of expectations. UBS pointed out that the profit margin in this sector is higher than the company average, and the weak performance of the energy storage business will have a negative impact on the profit model.

After Tesla's vehicle deliveries were about 5% higher than the market's agreed expectations, UBS reiterated its neutral rating for the stock. The target price was $385, believing that the rebound trend in car sales would continue. However, the scale of implementation of the energy storage business fell short of expectations. UBS pointed out that the profit margin in this sector is higher than the company average, and the weak performance of the energy storage business will have a negative impact on the profit model.