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November 29, 2022 7:47 AM EST
Shares of Tesla (NASDAQ: TSLA) are up 1.72% in pre-market trading on Tuesday after Bernstein reiterated an Underperform rating on the stock with a $150.00 price target. TSLA has underperformed by 41% since October 1 and is now down 48% YTD. Analyst Toni Sacconaghi believes that the principal driver behind the electric vehicle companys recent pullback is... More
November 28, 2022 5:00 PM EST
Morgan Stanley reiterated an Overweight rating on Tesla (NASDAQ: TSLA) after conducting an investor survey concerning CEO Elon Musks involvement with Twitter. According to analyst Adam Jonas, the result of the survey reinforces Morgan Stanleys views that Musks handling of Twitter has contributed to negative sentiment momentum in Tesla shares and could drive some degree of adverse downside skew to Tesla fundamentals. Jonas sees the potential downside as a window of buying opportunity.
The... More
November 28, 2022 9:19 AM EST
According to a report by Reuters on Monday, American electric vehicle maker, Tesla (NASDAQ: TSLA) is developing a revamped version of the companys model 3. The EV maker aims to cut production costs and boost the appeal of the five-year-old electric sedan.
According to four people with knowledge of the situation, one focus of the redesign is to reduce the number of components and complexity in the interior of the Model 3 while focusing on features that Tesla... More
