• Tesla registers strongest weekly deliveries of 2025 with 17,400 vehicles.
  • Piper Sandler maintains Overweight rating and $450 target, citing supply constraints over demand issues.
  • China remains critical, accounting for 30-40% of global deliveries, while U.S. and Europe face retooling delays.

Tesla's Delivery Rebound Gains Steam

Tesla Inc. is showing signs of recovery in its delivery numbers, with 17,400 vehicles registered last week—the company's best weekly performance so far in 2025. Year-to-date totals now approach 115,000 units, putting Tesla on track for potentially flat year-over-year growth in Q1 despite earlier factory shutdowns.

"The numbers suggest production is ramping back up after a rocky start to the year," said one analyst familiar with the matter, who spoke on condition of anonymity. "China continues to carry disproportionate weight in these figures."

Regional Divergence in Production Impact

While China accounts for 30-40% of Tesla's global deliveries, shutdowns in Europe and North America—where retooling takes longer—are expected to drag down overall Q1 results. The company has already warned that quarterly deliveries will likely decline year-over-year, though last week's surge offers a glimmer of optimism.

Piper Sandler appears unfazed by the mixed picture, maintaining its Overweight rating and $450 price target. In a note to clients, the firm suggested concerns about Tesla's brand damage may be overblown, attributing delivery shortfalls primarily to supply chain and production issues rather than weakening demand.

The Road Ahead

Tesla shares have been volatile in 2025, down 13% year-to-date but still up 69% from their late October 2024 lows. The company continues to bet big on autonomous driving technology and plans to launch its "Cybercab" autonomous taxi service in select U.S. markets later this year.

Tesla did not immediately respond to requests for comment on the latest delivery figures or analyst projections. With eight days remaining in the quarter, all eyes will be on whether the company can sustain this recent momentum.