Tesla (TSLA) facing a 'significant demand problem', 2023/24 numbers 'could materially reset' - analyst

Go back to Tesla (TSLA) facing a 'significant demand problem', 2023/24 numbers 'could materially reset' - analyst

Tesla (TSLA) files to expand trademark to 'not for land vehicles'

January 4, 2023 1:55 PM EST

In an exclusive report by Electrek, Tesla (NASDAQ: TSLA) has filed to extend its trademark to include electric motors "not for land vehicles," hinting that the electric vehicle... More

Tesla's (TSLA) 'ominous' start has investors concerned

January 4, 2023 8:09 AM EST

Wedbush reiterated an Outperform rating and $175.00 price target on Tesla (NASDAQ: TSLA) after the electric vehicle giant saw a major sell-off Tuesday as a result of soft 4Q delivery numbers.

Analyst, Daniel Ives described the sell-off as an "ominous start for the company to kick off 2023 after a horrific 2022". However, the EV makers main worry for now is... More

Truist cuts revenue estimates and price target following Rivian (RIVN) production miss

January 4, 2023 7:53 AM EST

Truist Securities reiterated a Buy rating on Rivian Automotive (NASDAQ: RIVN) and cut the companys price target to $50.00 (from $65.00) following the electric vehicle makers 4Q production and delivery miss.

Rivian reported the 4Q production of 10,020 vehicles, coming in short of the streets estimated 10,892. Deliveries were... More

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

January 3, 2023 10:59 AM EST

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'

January 3, 2023 8:53 AM EST

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

January 3, 2023 8:26 AM EST

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

4 analysts discuss Tesla (TSLA) stock after Q4 deliveries miss estimates; shares drop

January 3, 2023 6:47 AM EST

Shares of Tesla (NASDAQ: TSLA) are down more than 3% in pre-open Tuesday after the electric vehicle (EV) maker reported it delivered over 405,000 units in the fourth quarter of 2022, missing the average analyst estimates.

Year-over-year (YoY), vehicle deliveries grew by 40%. The total 2022 production growth was 47%, below Tesla's goal of 50%. The EV company said it produced more than 439,000 EV units in Q4, growing 47% YoY.

We continued to transition towards a more even regional mix of vehicle builds which again led to a further increase in cars in transit at the end of the... More

Tesla (TSLA) PT Lowered to $125 at JPMorgan

January 3, 2023 6:43 AM EST

(Updated - January 3, 2023 6:44 AM EST)

JPMorgan analyst Ryan Brinkman lowered the price target on Tesla (NASDAQ: TSLA) to $125.00 (from $150.00) while maintaining a Underweight rating.

The analyst comments "Our Underweight rating considers notable investment positives, including a highly differentiated business model, appealing product... More

Tesla (TSLA) PT Lowered to $299 at Truist Securities Following Q4 Deliveries Update

January 3, 2023 6:42 AM EST

(Updated - January 3, 2023 11:08 AM EST)

Truist Securities analyst William Stein lowered the price target on Tesla (NASDAQ: TSLA) to $299.00 (from $348.00) while maintaining a Buy rating.

The analyst comments "TSLA's Q4 deliveries below consensus, likely better than buyside fears. Reiterate... More

Tesla (TSLA) PT Lowered to $205 at Goldman Sachs

January 3, 2023 6:17 AM EST

Goldman Sachs analyst Mark Delaney lowered the price target on Tesla (NASDAQ: TSLA) to $205.00 (from $235.00) while maintaining a Buy rating.... More