Tesla recalls over 27,000 Cybertrucks in fifth callback this year
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Tesla (TSLA) PT Raised to $130 at JPMorgan, 'We are modestly lowering our estimates for 3Q24 earnings'
October 3, 2024 8:35 AM EDTJPMorgan analyst Ryan Brinkman raised the price target on Tesla (NASDAQ: TSLA) to $130.00 (from $115.00) while maintaining a Underweight rating.
The analyst comments "We are modestly lowering our estimates for 3Q24 earnings (to EPS of $0.60 from $0.64 prior), primarily on account of 3Q deliveries of 462,890, which tracked -4.4% less than the... More
Bernstein SocGen Group Reiterates Underperform Rating on Tesla (TSLA)
October 3, 2024 5:53 AM EDTBernstein SocGen Group analyst Toni Sacconaghi reiterated an Underperform rating and $120.00 price target on Tesla (NASDAQ: TSLA).
The analyst comments "Tesla reported Q3 deliveries of ~463k (+6% YoY, +5% seq), in line with sell-side consensus of 462k, and likely slightly below third party expectations (~470K). Q3 units produced were 470K, resulting in a slight build in inventories, which are now 3.7 weeks. Energy storage shipments were 6.9 GWh, up 73% YoY, but... More
