Trump's Transition Team Aims to Kill Biden EV Tax Credit - Reuters
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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
- One killed, three injured when man attacks Swedish school with sword
Bernstein SocGen Group Reiterates Underperform Rating on Tesla (TSLA), PT $120
November 18, 2024 5:56 AM ESTBernstein SocGen Group analyst Toni Sacconaghi reiterated an Underperform rating and $120.00 price target on Tesla (NASDAQ: TSLA).
The analyst comments "Trump is anti-EVs, but TSLA is on a tear. Teslas stock is up 28% since Trumps election victory, despite the fact that the new administration will likely end IRA consumer and battery manufacturing tax credits, potentially lower emissions standards (uniquely impacting Teslas lucrative EV credits), and could increase tariffs on Chinese... More
