Tesla revealed a number of new technology updates last week during its AI Day event, and the updates have boosted the company’s general outlook from one investing firm. Deutsche Bank analyst Emmanuel Rosner maintained a Buy rating on Tesla (TSLA), following Tesla’s AI Day announcements last week (via @Sawyer Merritt). A note written by Rosner […]
As electric vehicles (EVs) continue to take the world by storm, one investment firm sees Tesla’s earnings and capital allocation continuing to improve, and it has even upgraded its rating and price target for Tesla’s stock (TSLA). Tesla’s expected to rise 22 percent over the next year, according to a new report from Jefferies in […]
Following Tesla’s Q2 earnings call last week, a number of Wall Street analysts released notes reacting to the call with one particular firm keeping to its price target and rating, while slightly boosting its model for the company’s shares. Piper Sandler reiterated an overweight rating on Tesla (TSLA) shares on Wednesday, keeping a $1,200 price […]
Tesla has remained dominant in the world of zero-emissions vehicles, and while its stock hasn’t reached its previous all-time high of $900 per share, it certainly has analysts paying attention. Street Insider reported on Monday that Taiwan-based KGI Securities will start covering Tesla, with analyst Jennifer Liang now covering the company. The firm’s first report […]
Following Tesla’s Q2 2021 quarterly earnings report, a number of stock analysts have released their thoughts on the company’s shares going forward. On Tuesday, a handful of investment firms and analysts weighed in on Tesla (TSLA) and its stock, following a successful second quarter of the year and despite the global ongoing chip shortage. Overall, […]
Tesla will report its second-quarter earnings later today, and despite an ongoing worldwide semiconductor chip shortage, most analysts are predicting the company to report record earnings for the quarter, in which the company delivered an also record-breaking 206,000 vehicles. With over 206,000 vehicles delivered in Q2, Tesla’s revenue in the quarter could land as high […]
While Tesla shares have yet to bounce back from all-time highs earlier this year, some investment firms are still confident the company could grow following a record-breaking second quarter. Tesla’s (TSLA) stock is down 5.3 percent on the year, despite the fact that the S&P 500 – which the company is a part of […]
After delivering a record-breaking 201,250 vehicles in this year’s second quarter, Tesla (TSLA) was acknowledged as underweight by J.P. Morgan, which bumped up the company’s production forecast. J.P. Morgan raised its Tesla delivery forecast from 815,000 to 820,000, following reports of Tesla’s first time breaking 200,000 in a single quarter in this year’s Q2, according […]
The financial analysts at UBS Global have adjusted their Tesla price target, based on concerns with rising local competition in China, reports Yahoo! Finance. While UBS maintained its ‘neutral’ rating on Tesla’s stock, the firm adjusted its price target down from $730 USD to $660 USD. In addition, UBS Global has also reduced its EPS […]
Tesla remains a global leader in the auto and electric vehicle (EV) markets, and one investor thinks now’s the time to buy. Managing Director of Rockefeller Capital Management’s Vios Advisors Michael Bapis says that despite trading lower in recent months, Tesla (TSLA) shares are going to continue trending upwards due to their unquestioned domination of […]
In a regulatory filing on Monday, investor Michael Burry revealed he has long puts against 800,100 Tesla (TSLA) shares, equating to about $534 million by the end of this year’s Q1, according to a filing with the U.S. Securities and Exchange Commission (via CNBC). Update: According to Gary Black, the bet against Tesla may actually […]
After a whirlwind series of public criticisms in China, alongside reports that it was bolstering relations with Chinese regulators, Tesla now faces falling sales in comparison with rivals, and, subsequently, falling shares. Tesla’s (TSLA) shares fell on Tuesday, following a decline in the company’s April sales in the Chinese market from March, according to Marketwatch. […]
In a Q1 earnings call on Monday, Tesla (TSLA) reported a record net income of $438 million, with $10.39 billion in revenue. Following the call, one analyst has upgraded his price target for the company’s shares. Oppenheimer analyst Colin Rusch raised Tesla’s price target to $1,080 from $1,036 on Tuesday, maintaining an Outperform rating on […]
On Tuesday, Loup Ventures Co-Founder and Managing Partner Gene Munster debated the bear-ish Gordon Johnson, the founder and CEO at GLJ Research on CNBC’s Squawk Box. In the segment, Munster said that Tesla (TSLA) is a “definitional growth story,” despite many production issues with the recent semiconductor shortage and Munster said, “This is rare what’s […]
With Tesla’s Q1 earnings call scheduled for later today, Wedbush Securities Managing Director Dan Ives spoke with CNBC about Tesla’s delivery forecast being the most important factor to Tesla’s earnings, saying that the company’s delivery forecast could be headed toward 900,000 for 2021. Ives and Wedbush currently have Tesla’s price target set at $1,000, with […]
