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New Street Positive on Tesla (TSLA) into April Earnings
March 24, 2025 10:46 AM EDTNew Street Positive on Tesla (NASDAQ: TSLA) into April Earnings
"Tesla: Bad quarter in expectations. Will be the trough, expect a good recovery beyond"... MoreTesla (TSLA) PT Lowered to $410 at Morgan Stanley, 'We accordingly lower 1Q25 deliveries to 351k (-9.3% y/y) vs. 415k (+7.3% y/y) previously'
March 20, 2025 4:10 PM EDTMorgan Stanley analyst Adam Jonas lowered the price target on Tesla (NASDAQ: TSLA) to $410.00 (from $430.00) while maintaining a Overweight rating.
The analyst comments "We reiterate our view that while Tesla's YTD auto deliveries have been mostly below expectations, it is not particularly narrative changing for our investment thesis. With this report, we lower Tesla's auto deliveries for both the first quarter and the full year driven by competition, an aging lineup and a buyers strike from negative brand sentiment and upcoming new product... More



