TSLA - TESLA FACES CHALLENGES AHEAD OF Q2 EARNINGS, SAYS BOFA Bank of America warns Tesla’s Q2 results may disappoint due to tariffs and weak deliveries, putting it in a tougher spot than Detroit peers. While Tesla builds cars in the U.S., its reliance on China-made batteries exposes it to trade risks. Looking ahead, BofA expects mixed H2 results, with potential Q3 demand but Q4 pressure from expiring IRA incentives. Tesla’s recent Robotaxi launch in Austin supports its FSD goals for 2025 but has little immediate financial impact. Despite challenges, BofA raised its Tesla price target to 341 (from 305) on a stronger cash position and updated valuation, maintaining a Neutral rating.(*Walter Bloomberg)