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Wolfe Asks: 'Has Tesla's (TSLA) sleeping giant finally awoken?'
July 3, 2024 7:18 AM EDTWolfe Asks: 'Has TTesla (NASDAQ: TSLA) sleeping giant finally awoken?'
The analyst comments "Tesla reported better than expected Q2 deliveries of 444k vehicles (-4.8% y/y), ahead of Consensus at 437.8k and wellahead of our estimate of 419k (we think buyside expectations were in the ~420k range). Meanwhile, with production down 14.4% y/y (to 410.8k), TSLA was able to meaningful reduce in-transit... More
JPMorgan on Tesla (TSLA): 'We estimate Tesla also lost ground vs. the total auto industry'
July 3, 2024 4:55 AM EDTJPMorgan analyst Ryan Brinkman reiterated an Underweight rating and $115.00 price target on Tesla (NASDAQ: TSLA)
The analyst comments "TSLA shares rallied +10.2% Tuesday vs. the S&P 500 +0.6%, ostensibly upon the release of 2Q24 sales and production figures, which showed that Teslas vehicle deliveries... More
