Asian stocks tumble as tech rout spills over; China shares test 5-mth lows
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July 29, 2024 6:04 AM EDT
Truist Securities analyst William Stein reiterated a Hold rating and $215.00 price target on Tesla (NASDAQ: TSLA).
The analyst comments "No better, arguably worse, than last time. In TSLA's (Hold) 1Q24 earnings call, CEO Musk told investors that they needed to understand the... More
July 26, 2024 7:32 AM EDT
Argus analyst Bill Selesky reiterated a Buy rating and $286.00 price target on Tesla (NASDAQ: TSLA).
The analyst comments "Our rating on Tesla Inc. (NGS: TSLA) is BUY. Tesla is the largest EV (electric vehicle) seller in the world today and holds a significant portion of the EV market share in the United States, with about 51% of the market as of the end of 2023. Ford Motor and General Motors are also key players in this market, with Ford having a... More
July 26, 2024 6:16 AM EDT
Morgan Stanley analyst Adam Jonas reiterated an Overweight rating and $310.00 price target on Tesla (NASDAQ: TSLA)
The analyst comments "Some changes in the business mix that may be getting overlooked. Mostly recurring 'Services & Other' revenue reached 10% of total Tesla sales as the car parc approaches 7mm units. China revenues fell to the lowest in years at 18.2% of sales. AI infrastructure assets (reported in the... More
