Tesla's stock sees a surge as Wells Fargo adds it to the Q3'24 Tactical Ideas List with an underweight rating and a $120 price target. Analysts predict declining delivery growth due to lower demand and diminishing returns on price cuts. Despite this, Tesla's recovery story has begun, with 2Q deliveries approaching. Additionally, Tesla secures a $163 million Megapack battery contract in Australia, enhancing its energy business.
Wedbush: Tesla $TSLA recovery story has begun; 2Q deliveries on deck https://t.co/yryTZZjV6d https://t.co/UGTjgXTgLM
BREAKING: $TSLA SECURES $163 MILLION MEGAPACK BATTERY CONTRACT IN AUSTRALIA 👀 Tesla’s energy business is a game changer! https://t.co/helxB7SXv0
Tesla is running out of excuses for its prolonged sales slump $TSLA
$TSLA | Wells Fargo Adds Tesla to Q3'24 Tactical Ideas List with Underweight Rating and $120 PT
Tesla Is Running Out of Excuses for Its Prolonged Sales Slump https://t.co/91XkQWvPxZ
Tesla $TSLA added to Wells Fargo's Q3 tactical ideas list https://t.co/Hq4zLC3JX0 https://t.co/YjIyTvMiU4
Analyst puts Tesla stock on key ideas list as Q2 deliveries loom https://t.co/WAACJ589wO
$TSLA added to Tactical Ideas List as Underweight at Wells Fargo. PT $120
Wedbush: Tesla recovery story has begun; 2Q deliveries on deck https://t.co/qYiJUDdOMV
$TSLA TESLA SHARES RISE 1.8% PREMARKET; WELLS FARGO ADDS STOCK TO ITS 'TACTICAL IDEAS LIST
TESLA NOW ON WELLS FARGO TACTICAL IDEAS LIST; STAYS UNDERWEIGHT
$TSLA | Wells Fargo Adds Tesla to Q3'24 Tactical Ideas List with Underweight Rating and $120 PT They see declining delivery growth due to lower demand and diminishing returns on price cuts. Auto gross margin ex-credits expected to fall by ~210bps YoY. "Our FY24 delivery…
$TSLA TESLA ADDED TO 'TACTICAL IDEAS LIST' AS UNDERWEIGHT AT WELLS FARGO The firm has an Underweight rating on the shares with a $120 price target. It sees declining delivery growth for Tesla, driven by lower demand and "diminished return" on price cuts. Wells estimates the…
Tesla’s BIG Comeback: Stock To Surge This Year - Analyst $TSLA https://t.co/NZVO5qdeDv