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Wood Mackenzie data shows Tesla (TSLA) missed solar roof deployment goals

March 30, 2023 7:45 AM EDT

Since the launch of the Tesla (NASDAQ: TSLA) Solar Roof in 2016, Wood Mackenzie estimates that approximately 3,000 Solar Roofs have been installed nationwide, missing Teslas stated goal of 1,000 installations per week.

According to analyst, Max Issokson, granular installation data surrounding the Tesla... More

BYD extends market lead in China after posting 4Q profit jump

March 29, 2023 9:24 AM EDT

Wang Chuanfu, Chairman of Chinese electric automaker BYD, told reporters in Hong Kong Wednesday that the company is large enough to shake off the impact of a bruising price war and faltering demand in China, after reporting an 11-fold increase in fourth-quarter profit.

The strong result came as... More

Wedbush expects good numbers ahead of Tesla (TSLA) 1Q delivery report

March 29, 2023 9:10 AM EDT

Wedbush reiterated an Outperform rating and $225.00 price target on Tesla Inc. (NASDAQ: TSLA) ahead of the electric automakers 1Q delivery report. Tesla will be reporting its 1Q delivery units number likely this weekend with all eyes on how demand is holding up in a shaky macro.

Analyst, Daniel Ives wrote in a note, Clearly since the Model Y/3 price cuts were implemented early this year... More

Tesla (TSLA) remains a favorite at Baird ahead of 1Q delivery numbers

March 29, 2023 8:24 AM EDT

Baird reiterated an Overweight rating and $252.00 price target on Tesla Inc. (NASDAQ: TSLA) ahead of the electric automakers 1Q23 delivery numbers.

After negative estimate revisions and worries surrounding demand, recent price decreases and anecdotal data on sales seem to have relieved some bearish sentiment.

The year is still early, but we continue to like the setup of the stock and believe bias for estimate... More