Form 10-Q Tesla, Inc. For: Sep 30

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RBC Capital Defending Tesla (TSLA) Amid 5% China Price Cuts: 'we are a bit less concerned than bears and believe this can help stimulate demand in China'

October 24, 2022 11:58 AM EDT

RBC Capital analyst Joseph Spak reiterated an Outperform rating and $325.00 price target on Tesla (NASDAQ: TSLA).

The analyst comments "Bearishness on TSLA has increased primarily on demand in China and the specter of price cuts. That has now occurred as the... More