Tesla's (TSLA) Musk: Robotaxi Unveiling on Aug. 8th

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Canaccord Ask Tesla (TSLA) Full Self-Driving: 'we see additional price cuts as necessary for a material change in FSD penetration'

April 9, 2024 6:48 AM EDT

Canaccord Genuity analyst George Gianarikas reiterated a Buy rating and $234.00 price target on Tesla (NASDAQ: TSLA).

The analyst comments "How much would you pay for Tesla FSD? The rate of Tesla FSD penetration is critical to the company's margin trajectory, but FSD... More

Analyst on Tesla (TSLA): The $25k EV car exists today. BYD makes it

April 8, 2024 9:00 AM EDT

Analysts at Bernstein said on Monday that the $25,000 electric vehicle exists, and Tesla (NASDAQ: TSLA) rival BYD makes it.

A report from Reuters last week claimed that Tesla had scrapped its low-cost car plans. However, shortly after, Elon Musk denied the claims, suggesting the article was a lie.

In its note, Bernstein explained that the... More

Tesla (TSLA) stock rises on robotaxi news, potentially 'thesis-changing' says analyst

April 8, 2024 6:40 AM EDT

Tesla (NASDAQ: TSLA) shares are up more than 3% premarket Monday after Elon Musk said Friday that the electric vehicle giant will unveil a "robotaxi" on August 8.

Musk took to his X (formerly Twitter) platform after the close on Friday, stating: "Tesla Robotaxi unveil on 8/8".

Previously, Musk claimed that Tesla would make a car that doesn't... More