Musk to meet Modi in India; sources say announcement on investment likely
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Go back to Musk to meet Modi in India; sources say announcement on investment likely
April 12, 2024 11:08 AM EDT
Wells Fargo analysts said in a note Friday that they expect Tesla (NASDAQ: TSLA) to miss first-quarter expectations when it reports on April 23.
Despite the anticipated miss, the investment bank acknowledges that expectations for Tesla's release are low after weak deliveries during... More
April 12, 2024 6:15 AM EDT
Wells Fargo analyst Colin Langan lowered the price target on Tesla (NASDAQ: TSLA) to $120.00 (from $125.00) while maintaining a Underweight rating.
The analyst comments "While we expect a Q1 miss, expectations are low after weak deliveries. Poor fundamentals
may be overshadowed on the... More
April 12, 2024 4:28 AM EDT
Citi analyst Itay Michaeli lowered the price target on Tesla (NASDAQ: TSLA) to $180.00 (from $196.00) while maintaining a Neutral rating.
The analyst comments "Thoughts on Upcoming RoboTaxi Unveil First, we agree with Teslas emphasis on AV, which weve long viewed as the most disruptive mobility megatrend (here). For the Aug 8th unveil, we can see two scenarios: (1) An event that feels similar to the 2019 Autonomy Day, in which Tesla reveals a purpose-built RoboTaxi... More
April 11, 2024 8:08 AM EDT
Morgan Stanley analyst Adam Jonas reiterated an Overweight rating and $310.00 price target on Tesla (NASDAQ: TSLA).
The analyst comments "In the journey to AI supremacy, there are a number of attributes and gating factors that investors are increasingly locked in on: 1. Data. Tesla recently achieved 1bn miles traveled for its full self-driving (FSD) service. Tesla's fleet drives more miles in 5 minutes than Apple's (now cancelled) autonomous fleet had reportedly driven in a year. By 2030, we estimate Tesla's global vehicle fleet will approach 40 million units in service, driving over 400 billion miles per year. Over 1... More
