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Wells Fargo Sees Potential for Musk Sell Tesla (TSLA) Shares to Fund Twitter (TWTR) Bid

April 14, 2022 12:25 PM EDT

Wells Fargo analyst Colin M. Langan reiterated an Equal Weight rating and $910.00 price target on Tesla (NASDAQ: TSLA).

The analyst comments "This morning TSLA CEO, Elon Musk, launched a hostile takeover bid of Twitter for $54.20 per share, valuing the company at $43B. The offer is non-binding and contingent on several factors,... More