After Tesla cut the price of the Model 3 and Y in China, some bears saw the move as evidence that the company’s demand was diminishing, though one firm reiterated its bullishness on the stock amidst the claims. RBC Capital’s Joseph Spak defended Tesla’s 5-percent price cuts in China, saying that the firm isn’t as […]
Tesla delivered over 936,000 units in 2021, with 308,600 vehicles alone sold in Q4, and the record-breaking numbers have multiple analysts boosting their price targets on the automaker. A number of analysts increased their outlooks on Tesla going into the new year, following record deliveries in 2021 from the U.S. automaker (via @SawyerMerritt). Among the […]