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Tesla's first quarter results saw an emphasis on next-gen vehicles and artificial intelligence. Analysts size up what this means.
GM earnings call for the period ending March 31, 2024.
General Motors shares are trading higher on Tuesday after raising its outlook for FY24, following a first-quarter beat. According to Wedbush analyst Daniel Ives, the company is focusing heavily on profitability, with expenses continuing to be a big priority. BofA Securities analyst John Murphy said in a new investor note that there was optimism heading into the quarter.
GM earnings call for the period ending March 31, 2024.
Goldman Sachs recognizes Tesla's potential for growth in autonomy and ADAS. Delaney notes challenges but sets $175 target, potential $220-$300 upside and $55-$75 downside.