Tesla downgraded at UBS, which sees limited earnings upside over 12 months
Tesla TSLA, -1.10% was downgraded to neutral from buy at UBS, though its price target was increased to $270 from $220. “Tesla remains the undisputed truly global technology, scale and cost leader in the EV space, with unparalleled software capabilities.
However, for the next 12 months, we think upside risk to consensus earnings is very limited with significant volumes from new product not kicking in before H2/24, and with some initial margin-dilutive impact,” said analysts led by Patrick Hummel, who say there’s significant long-term opportunity in the stock. Tesla shares have more than doubled this year, ending Friday at $260.02.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Tesla Roadster production delays continue; release date, price, specsTesla Roadster production has been delayed for years. What we know about its price, specs, and release date.
Baca lebih lajut »
Tesla taps Biden tax credits to offset EV price cuts - AutoblogWhether Tesla offers additional discounts or not, tax credits for battery manufacturing give it a competitive edge over rivals that make fewer batteries.
Baca lebih lajut »
What Elon Musk’s AI Startup Means for Tesla’s AI AmbitionsThe billionaire for a long time framed the automaker as an artificial-intelligence company. Then he started xAI.
Baca lebih lajut »
San Fran Uber driver saves $1,400 a month on gas renting a Tesla EVMeet a 64-year-old San Francisco Uber driver who says switching to a Tesla has saved him more than $1,000 a month on gas and maintenance
Baca lebih lajut »
Tesla offers customers one-time Full Self-Driving transfer until September 30th | EngadgetTesla has started notifying owners that they can transfer the Full Self-Driving feature they purchased to a new vehicle, as long as they take delivery within the next three months..
Baca lebih lajut »
Video: Tesla Cybertruck spotted on California roadwayVideo recorded this week shows the Cybertruck take off from a stoplight and go around the corner.
Baca lebih lajut »