Deutsche Bank has revised its outlook on Tesla Inc for Q1 2024, reducing the target price from $250 to $218 while maintaining a Buy rating. The adjustment comes amid expectations for Tesla to significantly miss first-quarter delivery and earnings estimates. Analysts cite a wide margin of discrepancy from current Street expectations, attributing the anticipated shortfall to limited volume growth and profitability pressures stemming from price reductions. This forecast suggests a challenging quarter ahead for Tesla, with potential implications for its full-year performance in 2024.