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The move, which prompted a 4.5% fall in Tesla's shares in pre-market U.S. trade, came after CEO Elon Musk warned that the prospect of recession and higher interest rates meant it could lower ...
Tesla stock is down 7% since it reported third-quarter vehicle deliveries on Wednesday. JPMorgan sees the stock drifting even lower, by as much as 48% to its $130 price target.
BEIJING/FRANKFURT (Reuters) -Tesla has cut prices in a number of its major markets, including China and Germany, following price cuts in the United States, as it grapples with falling sales and an ...
Jonas wrote the lower price target is based on the following cuts: a $5 cut due to lower top-line growth, a $10 cut from lower margins, and a $10 cut from slower growth in Tesla mobility ...
Tesla stock ended down over 3.5% on Friday after the automaker announced new price cuts in China, following a Thursday decline off of news the company is idling production at its Giga Berlin ...
HSBC analyst Michael Tyndall initiated coverage of Tesla on Thursday with a Reduce (or Sell) rating and $146 price target, implying a 33% drop in Tesla’s stock price. In response Tesla stock ...
Tesla’s newest price cuts in the U.S. have analysts at one Wall Street bank concerned.Over the holiday weekend, Tesla slashed prices across its vehicle range by 2% to 6%, the fifth price cut for ...
(Reuters) -Tesla on Tuesday reported its lowest profit margin in more than five years and missed Wall Street earnings targets in the second quarter, as the electric vehicle maker cut prices to ...