Tesla's affordable EV, robotaxis in focus after Musk backlash, competition hurt demand

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Tesla (TSLA) PT Raised to $350 at Wedbush

April 23, 2025 6:52 AM EDT

Wedbush analyst Daniel Ives raised the price target on Tesla (NASDAQ: TSLA) to $350.00 (from $315.00) while maintaining a Outperform rating.

The analyst comments "Last night was a pivotal conference call for Musk to turn the corner from this dark chapter as 1Q numbers ended a disaster quarter in which deliveries were very soft and Tesla missed the... More

Needham Reiterates Hold Rating on Tesla (TSLA)

April 23, 2025 5:40 AM EDT

Needham analyst Vikram Bagri reiterated a Hold rating on Tesla (NASDAQ: TSLA).

The analyst comments "We reiterate our Hold rating on TSLA following Q1 results and commentary. TSLA's auto business continues to be under stress, with a demand rebound difficult... More

Tesla Q1 earnings preview

April 21, 2025 10:00 AM EDT

Tesla (NASDAQ: TSLA) is expected to post a drop in first-quarter profits as weak vehicle deliveries and lower operating leverage pressure margins, according to a preview from Wells Fargo.

The firm maintained its Underweight rating and $130 price target on the stock.

We are forecasting Q1 EPS of $0.34, below consensus of $0.42, Wells Fargo wrote, citing lower leverage on the very low volumes.... More