Wolfe Research has projected that Tesla is on track to deliver around 460,000 vehicles in Q3 2024, aligning with the consensus estimate of 461,000. This projection falls within the range of buyside expectations. Morgan Stanley has maintained an Overweight rating on Tesla with a price target of $310. Analysts are closely watching Tesla's delivery figures, with a 6% growth expected in Q3 and 2% in Q4, following declines in the first and second quarters. The sustainability of Tesla's high P/E ratios for 2024 (100x) and 2025 (73x) is under scrutiny, hinging on the company's ability to post future secular growth.