Musk wants 25% voting control at Tesla before fulfilling AI goal

Barclays remains sidelined on Tesla (TSLA) as EV industry faces challenges in 2024

Barclays remains sidelined on Tesla (NASDAQ: TSLA) with an Equal-Weight rating but cut their 12-month price target on the EV stock to $250.00 (From $260.00) as analysts are predicting further price cuts, placing pressure on profit margins.

In the US, we expect price declines from the broader industry this year amid normalized supply dynamics, wrote Barclays analysts in a note.

The expected cuts may challenge Tesla as ICE remains its main rival in the... More

'Elon Musk just opened a can of worms' - Jefferies

Elon Musk just opened a can of worms. Wrote Jefferies analysts in a note.

Jefferies reiterated their Hold rating on Tesla (NASDAQ: TSLA), with a $225.00 price target, after CEO Elon Musk threatened to develop AI expertise outside Tesla unless his current 13% voting stake... More

Tesla (TSLA) shares sink in pre-market as automaker continues price cuts in Europe

Shares of Tesla (NASDAQ: TSLA) are trending down by more than 1.6% in pre-market trading Wednesday morning after the company cut prices on its Model Y electric vehicle in Germany. The cuts come after the EV maker lost their spot as the top electric vehicle seller to Volkswagen in 2023.... More

Wedbush comments on Elon Musk's AI ultimatum

Wedbush remains bullish on Tesla (NASDAQ: TSLA) with an Outperform rating and $350.00 price target after the electric vehicle giants CEO, Elon Musk commented on social media platform, X creating a stir overnight.

Musk said his post: "I am uncomfortable growing Tesla to be a leader in AI &... More

Tesla (TSLA) down following Elon Musk's AI ownership comments

Tesla (NASDAQ: TSLA) CEO Elon Musk revealed on social media platform X (formerly Twitter) that the multi-billionaire is uncomfortable with the idea of expanding the automaker's role in artificial intelligence and robotics without first securing a minimum of 25% of voting control of the... More