Page 4 - Tom Narayan News Today

European markets were slightly higher Thursday as investors look to build momentum following a shaky start to the new trading quarter.

The stock of the electric vehicle giant, led by Elon Musk, has experienced a 14.5% decline over the past year. This trend continued on Tuesday when Tesla reported lower-than-expected vehicle deliveries for the first quarter of 2024

(Bloomberg) -- Japan meets all the conditions that should make it a frontrunner in electric vehicles: above-average incomes, a robust auto industry, high rates of new-car purchases, and a culture that generally embraces technology. Instead, electric vehicles made up a measly 1.8% of new cars sold in Japan last year.Last week, Bloomberg Green published an analysis of the 31 countries that have crossed the tipping point for widespread adoption of fully electric vehicles. Now it’s time to lo...

Tesla is facing a price war, intense competition from Chinese players and weakening demand for its electric cars.

Tesla is facing a price war, intense competition from Chinese players and weakening demand for its electric cars.

Tesla is facing a price war, intense competition from Chinese players and weakening demand for its electric cars.

Tom Narayan from RBC retains his positive opinion on the stock with a Buy rating. The target price is unchanged and still at USD 298.

Tesla has for most of its history been firmly averse to advertising. In recent months, however, the electric-vehicle maker has hiked spending on a variety of paid media platforms—and not just the one owned by its boss, Elon Musk.

Analysts are cutting their estimates for Tesla's first quarter deliveries. A look at key estimates and what it means.

RBC analyst maintains Outperform rating on TSLA with $298 price target. Q4 saw demand pull-forward and disruptions in Berlin, FSD free trials expected to drive Q2 volumes. HSBC analyst retains Reduced rating and $143 target, citing price cuts and concerns over pre-revenue opportunities.