TSLA - BENCHMARK REITERATES BUY ON TESLA (TSLA), PT 475 🔸 3Q25 preview: Tesla reports Thursday; Benchmark models 442K deliveries vs. consensus ~448K (some estimates mid-460K). Strong rebound from 2Q’s 384K. 🔸 Stock setup: Shares up ~28–32% in September, raising bar for upside surprise; risk of volatility if mix or ASPs disappoint. 🔸 Outlook: Policy changes may create 4Q demand “air pockets,” but seen as temporary. 🔸 Rating: Buy, 475 PT maintained.(*Walter Bloomberg)