Elon Musk Takes Stage at Tesla (TSLA) Cybertruck Event
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Tesla (TSLA) China sales fall nearly 18% in November
December 4, 2023 11:10 AM ESTSales of Teslas (NASDAQ: TSLA) Chinese made electric vehicles dropped by 17.8% in November compared to the previous year, reaching 82,432 cars, according to data from the China Passenger Car Association (CPCA) released on Monday.
This decline represents the most significant drop since December 2022, when Tesla experienced a 21% decrease following a reduced output and slashed pricing in response to an increase in inventory and a decrease in consumer demand.
However, deliveries of China-manufactured Model 3 and Model Y... More
CFRA Comments on Tesla (TSLA) Cybertruck: 'acceptable margin on the vehicle'
December 1, 2023 12:36 PM ESTCFRA analyst Garrett Nelson reiterated a Buy rating and $300.00 price target on Tesla (NASDAQ: TSLA)
The analyst comments "We maintain a 12-month target of $300, based on a '25 P/E of 48x, justified by long-term growth expectations. Our estimates are unchanged. TSLA... More
