Analysts from Baird, Morgan Stanley, UBS, Goldman Sachs, and Jefferies have expressed concerns about Tesla's performance, with expectations of declining vehicle sales and price target cuts. Tesla's stock has plummeted over 25% this year, making it one of the worst-performing S&P 500 stocks.
Tesla Is Struggling in China. It’s Hurting the Stock. https://t.co/g9aIw4MOhT
BofA slashes Tesla's stock price target, says weak demand will hurt unless the company cuts prices more https://t.co/LUgVnypWvS
Tesla’s ‘self-inflicted’ woes make this analyst feel more cautious about the stock https://t.co/F7SK7bXyqQ
$TSLA note from Piper https://t.co/jltfZxMYsE
$TSLA Piper Sandler reiterates Tesla as overweight Piper lowered its price target on Tesla to $205 per share from $225 but said it’s sticking with its overweight rating. “First, we’re cutting our estimates and DCF based price target, to reflect weaker-than-expected Q1 deliveries,…
$TSLA 'Most issues affecting core auto performance appear self-inflicted and should keep returns well below potential for the coming 24 months.' - Jefferies PT lowered to $165.
Tesla $TSLA: Analysts at Jefferies, Piper Sandler see 2024 sales drop https://t.co/L3ZFkXQdym https://t.co/api6H2L7MU
Tesla has spooked Wall Street to where two analysts are now predicting sales will decline this year https://t.co/t856hXLbDO
Is Tesla Robotaxi the first step in shifting the core business? Morgan Stanley answers https://t.co/7VhFEbwkEl https://t.co/xh0lUwWCCX
Tesla's CEO is shifting back toward the EV maker's original plan to develop a robotaxi that provides ride-sharing for the masses. He'll say more on Aug. 8. https://t.co/NJM0BGJVjw
Tesla’s share price has plummeted more than 25% so far this year, making it one of the worst-performing stocks in the S&P 500. Analysts who spoke to @ABC News differed on whether the company would ever recover those losses. https://t.co/RaMrS16sXh
Tesla stock has plummeted this year. Will the company recover? https://t.co/NZ2Vj19uZr https://t.co/0djZevOrca
$TSLA | If Tesla Hits Brakes On $25K EV, It 'Would Be A Meaningful Negative For The Stock': Goldman Sachs A Tesla analyst lowers the price target after Q1 deliveries came in below estimates. The analyst sees several headwinds for Tesla stock going forward. https://t.co/ODFgEJrJ3N
$TSLA all calls going! https://t.co/4hjI92gvur
Tesla stock: UBS' survey results point to tough https://t.co/0Ui6wfnOpK road ahead https://t.co/ZtyK730zDL
$TSLA pre-market... https://t.co/fk1oVcd80h
$GS and $TSLA Goldman Sachs cuts Tesla price target and estimates Goldman Sachs is trimming its forecasts on Tesla after the company missed Wall Street estimates for first-quarter deliveries. The firm reiterated a neutral rating on the electric vehicle stock and lowered its…
$TSLA Analysts: UBS Reiterates Neutral Rating on Tesla, 'Survey results point to tougher road ahead' Morgan Stanley on Robotaxi: 'We had (mistakenly) expected the company to formally launch a highly automated ride-share service back in 2018' Canaccord Full Self-Driving: 'we…
Tesla may be headed for another vehicle sales decline this quarter after surprising investors with a drop in the first three months of the year https://t.co/iKcUG7lRRr
MORGAN STANLEY: “.. We had (mistakenly) expected $TSLA to formally launch a highly automated ride-share service back in 2018. Nearly a decade later, we’re still waiting. August 8th will offer some important clues. .. we believe the more material commercial scaling of the business… https://t.co/i0zzOj7oCO
Baird $TSLA bull Ben Kallo out with a note this morning that TSLA 2Q delivs also likely to decline vs YA (Baird est 444.5K -5% YoY vs 466.1K in 2023 2Q). Baird FY’24 delivs est is now 1,838K +2% YoY. Baird’s TSLA PT remains $280 (vs WS consensus $196). https://t.co/XRkRsew6ox