Electric vehicles are becoming more popular with consumers, but even Tesla’s lineup took several years to become profitable. With the automaker’s most recent round of price cuts, EV startups that are struggling to make money may be put in tough positions, some of the industry’s analysts say. Tesla’s price cuts … [continued]
UNO reverse, that is what this feels like! In this case, that means we analyze the analysts. This is the 4th edition of our Tesla analyst report cards, based on where their TSLA price targets and sell/hold/buy advice would lead you (based on information from tools like tipranks, marketbeat, and other research).
Wedbush’s Tesla analyst, Daniel Ives, thinks that Tesla shares should have more charge left in the battery, Nasdaq reports.
This is the third edition of our Tesla analyst report cards based on where their TSLA price targets and sell/hold/buy advice would lead you (based on information from tools like tipranks, marketbeat and other research).
Tesla’s Fremont factory is open. The Model Y SUV is being delivered en masse to customers. And the Silicon Valley automaker is investing heavily in its German Gigafactory and pending US Terafactory (location TBD). Tesla’s Cybertruck is being prioritized and pulled forward while the company’s Semi truck and Roadster launch is slated (soon after) to follow.
This is the most in-depth guide on the internet on Tesla [TSLA] stock analysts on Wall Street and beyond.
Tesla is a polarizing stock on Wall Street. There are plenty of bulls and bears that work hard to make their case. However, there’s a new Wall Street analyst covering Tesla [NASDAQ: TSLA] who’s enthusiastic about the company’s potential but warns of great volatility ahead. According to CNBC, “Wedbush Securities began coverage of Tesla shares on [December 14] with an outperform rating.”
Wedbush Securities started covering Tesla stock last week. It’s coverage led off with this comment from analyst Daniel Ives: “Tesla has evolved into one of the most dynamic technology innovators over the last 30 years and, in our opinion, has put itself into an esteemed category of companies such as Apple and Amazon that have revolutionized consumer buying habits and behaviors over the last decade.”
