Truist Securities Reiterates Hold Rating on Tesla (TSLA)

Morgan Stanley Calls Tesla (TSLA) a 'New Top Pick'

Morgan Stanley analyst Adam Jonas reiterated an Overweight rating and $310.00 price target on Tesla (NASDAQ: TSLA).

The analyst comments "We highlight a number of reasons why we make our new Top Pick in US autos: Cost cutting/restructuring has stemmed the... More

Wedbush: Big Tech looking for the gold medal this week

Last week was marked by substantial volatility in technology stocks as earnings reports from Alphabet (NASDAQ: GOOGL) and Tesla (NASDAQ: TSLA) triggered a sharp sector sell-off, raising concerns across Wall Street that the tech bull market might be facing turbulence.

With Microsoft (NASDAQ: MSFT), Amazon (NASDAQ: AMZN),... More

HSBC has the lowest target on Tesla stock among major banks on the Street. Here's why

HSBC analysts have lowered their target price for Tesla (NASDAQ: TSLA), setting it at $118, down from $130 per share in a note this week, the lowest among major banks.

This revised target reflects a 52% downside from Tesla's current share price. The analysts retain a Reduce rating on the stock, emphasizing multiple challenges the company faces in the near term.

HSBC's note underscores "mixed messages in what... More

Recent price weakness in Tesla stock is a buying opportunity: Argus

The recent price weakness in Tesla Inc (NASDAQ: TSLA) following its latest quarterly report presents a buying opportunity, Argus analysts said in a Friday note.

Despite posting a softer-than-expected second quarter, we remain supportive of the company's strategy and believe future prospects remain robust, analysts wrote.

Among the key reasons behind its bullish thesis is Teslas commentary about its plans to start production of a new low-cost affordable EV model, in the price... More

Argus Reiterates Buy Rating on Tesla (TSLA), PT $286

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

Morgan Stanley Positive on Tesla (TSLA): 'AI infrastructure assets (reported in the Q) are booming'

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

Active options: NVDA TSLA AAPL AMD F AMZN META MSFT AAL PLTR

Active options: NVDA TSLA AAPL AMD F AMZN META MSFT AAL PLTR

Tesla stock downgraded to Sell, analyst says 'not much to like'

Tesla (NASDAQ: TSLA) stock has been downgraded to a Sell recommendation by a Philip Securities analyst, who said there is not much to like about the electric vehicle (EV) giant following its latest quarterly report. The analyst set a price target of $135 on TSLA, implying nearly 40% downside risk from the current levels.

The downgrade comes amid several pressing concerns, primarily soft deliveries and pricing, pressured auto margins, and minimal commentary from Teslas management to dispel... More

PhillipCapital Downgrades Tesla (TSLA) to Sell (5)

PhillipCapital analyst Jonathan Woo downgraded Tesla (NASDAQ: TSLA) from Reduce (4) to Sell (5) with a price target of $135.00 (from $145.00).

The analyst comments: "2Q24 revenue was in line with expectations. Adj. PATMI (excl. SBC) was below due to lower EV pricing and EU... More

Elon Musk will Discuss Tesla (TSLA) Investment in xAI with Board

Elon Musk will Discuss Tesla (NASDAQ: TSLA) Investment in xAI with Board

Looks like the public is in favor. Will discuss with Tesla board.

Despite market pullback earnings still likely to support confidence: UBS

The S&P 500 lost 2.3% on Wednesday as earnings announcements from several major US companies fell short of expectations.

Google owner Alphabet (NASDAQ: GOOGL) saw its shares fall 5% due to investor concerns over rising AI-related capital expenditures, despite better-than-expected second-quarter earnings.

Such reaction further highlighted that market optimism regarding the tech sector's outlook has set a high bar for companies to meet.

Tesla (NASDAQ: TSLA) saw an even steeper decline after... More

Tech sell-off to be short lived; this is start of tech bull run: Wedbush

The recent tech sell-off, sparked by results from Alphabet (NASDAQ: GOOGL) and Tesla (NASDAQ: TSLA), has caused significant anxiety on Wall Street. However, Wedbush analysts are confident this downturn will be brief and see it as the beginning of a significant tech bull run driven by a massive AI capital expenditure cycle.

According to Wedbush, "We believe this tech sell-off will be short-lived as the Street better digests results and commentary from the broader... More

Active options: NVDA TSLA AAPL AMD GOOGL AMZN PLTR SIRI TSM

Active options: NVDA TSLA AAPL AMD GOOGL AMZN PLTR SIRI TSM

KGI Securities Downgrades Tesla (TSLA) to Neutral

KGI Securities analyst Jennifer Liang downgraded Tesla (NASDAQ: TSLA) from Outperform to Neutral with a price target of $236.00.

For an analyst ratings summary and ratings history on Tesla click here. For more ratings news on Tesla click here.

Shares of Tesla closed at $215.99 yesterday.

Biden's speech, Ford's miss, European earnings - what's moving markets

Investing.com -- The tech-led selloff looks set to continue Thursday, while Ford has also disappointed with a second-quarter profit miss. Biden points to a new generation after addressing the nation, while the European earnings season presses on. 

President Joe Biden addressed the nation on Wednesday for the first time since dropping his reelection bid, explaining he was stepping aside to allow a new generation to take over after weeks of concerns about his age and health.

Asian stocks tumble as tech rout spills over; China shares test 5-mth lows

Investing.com-- Asian stocks fell sharply on Thursday, tracking an overnight rout on Wall Street as weak earnings from major technology companies drove outsized losses in the sector. 

Weak sentiment towards China also remained in play, with the countrys stock benchmarks testing their lowest levels since February.

Wall Street indexes tumbled in overnight trade, with the NASDAQ Composite plummeting over 3% as middling earnings from Alphabet Inc (NASDAQ: GOOGL) and Tesla Inc (NASDAQ: TSLA) sparked an extended rout in... More