Tesla (TSLA) stock gains as Musk's Twitter poll suggests he may step down as CEO

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Oppenheimer cuts Tesla (TSLA), says Musk's Twitter antics 'severely damaged' stock sentiment

December 19, 2022 6:32 AM EST

Oppenheimer analyst Colin Rusch downgraded Tesla (NASDAQ: TSLA) stock to Perform from Outperform on growing risks stemming from CEO Elon Musks take-private deal for Twitter.

Rusch believes that Musks acquisition and subsequent management of Twitter has severely damaged the sentiment around Tesla stock. As a result, any positive fundamental news near term will likely lead to select short covering followed by subsequent... More

Oppenheimer Downgrades Tesla (TSLA) to Perform Citing Twitter-Related Risks

December 19, 2022 6:05 AM EST

(Updated - December 19, 2022 6:15 AM EST)

Oppenheimer analyst Colin Rusch downgraded Tesla (NASDAQ: TSLA) from Outperform to Perform.

The analyst comments "While we continue to see Tesla evolving EV and autonomous technology in advance of peers and driving costs to... More

Tesla (TSLA) shares surged 4.4% in pre-open trading as Elon Musk's Twitter poll suggests he will be stepping down as head of the social media platform

December 19, 2022 6:04 AM EST

Tesla (NASDAQ: TSLA) shares surged 4.4% in pre-open trading as Elon Musk's Twitter poll suggests he will be stepping down as head of the social media platform.

The poll was 57.5% "yes" he should step down to 42.5% he shouldn't, with minutes left to vote.

... More