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Tesla (TSLA) PT Lowered to $186 at RBC Capital, '4Q22 deliveries miss, could spark lower mid-term expectations'

RBC Capital analyst Joseph Spak lowered the price target on Tesla (NASDAQ: TSLA) to $186.00 (from $225.00) while maintaining a Outperform rating.

The analyst comments "4Q22 deliveries of 405.3k wasn't too far off from our 408.5k forecast but was ~3% shy of sell-side consensus... More

Morgan Stanley on Tesla (TSLA): 'we still see there being an attractive entry for investors as TSLA trades closer to our $80 bear case'

Morgan Stanley analyst Adam Jonas reiterated an Overweight rating and $250.00 price target on Tesla (NASDAQ: TSLA)

The analyst comments "We reiterate our OW rating on Tesla and believe recent share price weakness is a window of opportunity to buy the global EV... More

BYD reports December sales in line with overall market

Chinese electric vehicle maker, BYD announced their December sales numbers with passenger NEV sales jumping 2% MoM and 153% YoY to 234.6k units. The companys December wholesale sales rose by ~5k units MoM, decelerating from 12k/17k increments seen in the last two months. Morgan Stanley analyst, Tim Hsiao believes that... More

Zhu to oversee Tesla’s (TSLA) U.S. assembly

According to an exclusive report by Reuters Tuesday, Teslas (NASDAQ: TSLA) China chief Tom Zhu has been promoted to take direct oversight of the electric carmakers U.S. assembly plants as well as sales operations in North America and Europe. The report cites an internal posting of reporting lines reviewed by... More

South Korea fines Tesla (TSLA) $2.2m for false advertising

American electric vehicle maker, Tesla (NASDAQ: TSLA) has been fined $2.2 million by The Korea Fair Trade Commission (KFTC) for failing to tell its customers about the shorter driving range of its electric vehicles (EVs) in low temperatures. The Korean antitrust regulator said that Tesla had... More