Tesla (TSLA) weekly option IV increases

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Bernstein expects low-cost platform details at Tesla’s (TSLA) investor day

February 22, 2023 7:42 AM EST

Bernstein reiterated an Underperform rating and $150.00 price target on Tesla (NASDAQ: TSLA) ahead of the electric vehicle makers investor day on March 1st. Analyst, Toni Sacconaghi believes that the most important issue for Tesla going into this event is the status of its next-gen, lower cost vehicle platform. Bernstein has no expectation for a product announcement, but incremental detail on pricing, offering and especially timing is most important.

During its Q4 2022 earnings call, Tesla hinted that details of a new model could be revealed at its analyst day. However, a new... More