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BofA on Tesla (TSLA): 'We think that Tesla will face mounting profit pressure'

April 10, 2024 7:14 AM EDT

BofA on Tesla (NASDAQ: TSLA): 'We think that Tesla will face mounting profit pressure'.

The analyst comments "We think that Tesla will face mounting profit pressure from a weaker demand environment. Unless TSLA taps into new geographical markets, we see it hard... More

Tesla (TSLA) PT Lowered to $205 at Piper Sandler

April 10, 2024 4:42 AM EDT

Piper Sandler analyst Alexander Potter lowered the price target on Tesla (NASDAQ: TSLA) to $205.00 (from $225.00) while maintaining a Overweight rating.

The analyst comments "We're writing this report for two reasons. First, we're cutting our estimates and DCF based price target, to reflect... More

Tesla (TSLA) PT Lowered to $165 at Jefferies

April 10, 2024 4:41 AM EDT

Jefferies analyst Philippe Houchois lowered the price target on Tesla (NASDAQ: TSLA) to $165.00 (from $185.00) while maintaining a Hold rating.

The analyst comments "More drama into Q1 results, with recurring questions about product priorities and leadership. We reduce FY EBIT/EPS c.30% to... More

Is Tesla Robotaxi the first step in shifting the core business? Morgan Stanley answers

April 9, 2024 10:30 PM EDT

With Tesla (NASDAQ: TSLA) CEO Elon Musk tweeting last week that the electric vehicle giant will unveil its robotaxi on August 8, Morgan Stanley analysts questioned in a note whether it could be the first step in shifting the core business.

The announcement coincided with a Reuters report that the company is delaying the launch of its highly anticipated affordable Model 2 EV. However, Musk quickly dismissed the article from... More

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