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Tesla Motors, Inc (NASDAQ:TSLA), (LI) - Tesla And Elon Musk Need To Play Nice With Beijing, Wedbush Says On Underwhelming April China Deliveries

Nio Inc. (NYSE: NIO), Xpeng Inc. (NYSE: XPEV), and Li Auto Inc. (NASDAQ: LI) in April due to the handful of negative PR issues in China stemming from safety issues, military spy noise, and the protest at the Shanghai Auto Expo, according to Ives. He added that Tesla s apparent decision not to expand its flagship Shanghai Giga factory due to rising U.S.-China tensions and tariff issues will “raise some questions.” Further, Ives noted that the chip shortage issues faced by the Palo Alto-based company are putting more pressure on production and logistics to fulfill demand globally. However, the analyst believes that overall China demand is on a 300,000+ annual run rate and is poised to represent roughly 40% of deliveries for Tesla by 2022. China is the company’s second-largest market after the U.S.

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Tesla Motors, Inc (NASDAQ:TSLA) - Why This Tesla Analyst Is Turning Bullish

Tesla Motors, Inc (NASDAQ:TSLA) - Why This Tesla Analyst Is Turning Bullish
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.

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Tesla Motors, Inc (NASDAQ:TSLA), Ford Motor Company (NYSE:F) - Why Tesla s Q1 Deliveries Beat Isn t Enough To Impress Long-Term Bear Gordon Johnson

Share: Tesla Inc’s (NASDAQ: TSLA) analyst-estimate-beating Q1 delivery numbers have left GLJ Research’s Gordon Johnson less than impressed. The Tesla Analyst: Johnson maintained his Sell rating on the Elon Musk-led company’s stock and valued the shares at $67 exiting 2022. The Tesla Thesis: Johnson admitted that the automaker beat GLJ’s estimates by 13,000 cars as it delivered 184,800 vehicles in the first quarter of 2021. The analyst said that GLJ had “incorrectly” cut their delivery estimates from Tesla from 188,000 to 171,600 units. Johnson said in a note that comparing Q1 2021 with the same period in 2020 is “irrelevant” and the proper comparison is rather with Q4 2020. He said that majority of Tesla analysts are either overreacting to Tesla’s Q1 delivery numbers or misunderstanding them.

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Tesla Finally Gets An Outperform Rating From Long-Term Bull Wedbush, With A Higher Price Target

Tesla Finally Gets An Outperform Rating From Long-Term Bull Wedbush, With A Higher Price Target
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.

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Tesla Motors, Inc (NASDAQ:TSLA), NIO Inc (NYSE:NIO) - Tesla Finally Gets An Outperform Rating From Long-Term Bull Wedbush, With A Higher Price Target

Share: Tesla Inc (NASDAQ: TSLA) analyst Daniel Ives has upgraded his rating on the company for the first time to Outperform and added the automaker to his top picks. The Tesla Analyst: Ives upgraded the company to Outperform from Neutral and upped the price target from $950 to $1,000. Ives has a long-term bull case target of $1,300 on Tesla. The Tesla Thesis: Ives said that the delivery numbers released on Friday are a “paradigm changer” and indicate that there is a “pent-up demand” worldwide for Tesla’s Model 3/Y vehicles, which is hitting the next stage of growth amid a “green tidal wave.”

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