Tesla to have humanoid robots for internal use next year, Musk says

Go back to Tesla to have humanoid robots for internal use next year, Musk says

Canaccord Genuity Reiterates Buy Rating on Tesla (TSLA)

July 24, 2024 7:40 AM EDT

Canaccord Genuity analyst George Gianarikas reiterated a Buy rating and $254.00 price target on Tesla (NASDAQ: TSLA).

The analyst comments "Teslas 2Q24 earnings results were mostly uneventful after the delivery announcement earlier this month. Yes, auto gross margins were weaker than expected but were likely impacted by $622M in restructuring costs. We were also looking for meaningful metrics and color around FSD take rates after recent price... More

JPMorgan Reiterates Underweight Rating on Tesla (TSLA)

July 24, 2024 7:01 AM EDT

JPMorgan analyst Ryan Brinkman reiterated an Underweight rating and $115.00 price target on Tesla (NASDAQ: TSLA)

The analyst comments "2Q automotive adjusted gross margin and free cash flow also tracked softer, implying negative earnings revision risk. Also pointing to the trend in softer underlying results indicating the risk of... More

Roth/MKM Reiterates Neutral Rating on Tesla (TSLA), PT $85, 'CyberCab Outlook for a Steering Wheel is Bearish for the Stock

July 24, 2024 6:56 AM EDT

Roth/MKM analyst Craig Irwin reiterated a Neutral rating and $85.00 price target on Tesla (NASDAQ: TSLA)

The analyst comments "Tesla's missed adj-EPS consensus by ($0.10) and adj-auto gross margins by (200 bps). This likely refocuses investors on sustained headwinds from vehicle discounting necessary to drive... More

Stifel Reiterates Buy Rating on Tesla (TSLA)

July 24, 2024 5:19 AM EDT

Stifel analyst Stephen Gengaro reiterated a Buy rating and $265.00 price target on Tesla (NASDAQ: TSLA).

The analyst comments "TSLA's 2Q24 release is a mixed bag and could weigh on the shares following the recent strength. Bears will likely focus on: 1) Auto... More

Musk says Tesla will have humanoid robots for internal use in 2025

July 22, 2024 7:58 AM EDT

Electric vehicle giant Tesla (NASDAQ: TSLA) plans to introduce humanoid robots in "low production" for internal use by next year, CEO Elon Musk said on Monday.

Musk indicated that the robots, known as Optimus, would "hopefully" enter high production for external... More

RBC Capital Previews Tesla (TSLA) Earnings: 'Q2 print will likely be a tough call for investors given all the moving parts'

July 22, 2024 7:28 AM EDT

RBC Capital analyst Tom Narayan reiterated an Outperform rating and $227.00 price target on Tesla (NASDAQ: TSLA).

The analyst comments "Tesla's Q2 print will likely be a tough call for investors given all the moving parts. Clearly, many want to own the... More