Tesla bear says Elon Musk's EV maker will 'go bust,' stock worth $14
Tesla is facing a price war, intense competition from Chinese players and weakening demand for its electric cars.
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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.