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Tesla reported worse-than-expected fourth quarter earnings. Volume guidance for 2024 was vague. Shares are down and now Wall Street is weighing in.
Tom Narayan from RBC retains his positive opinion on the stock with a Buy rating. The target price is set at 297 versus 300 USD.
Analysts are cautious on Tesla stock going forward with lower vehicle delivery growth and declining gross margins.
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Analyst Tom Narayan from RBC research considers the stock attractive and recommends it with a Buy rating. The target price has been raised to EUR 146 from EUR 140.