Tesla Bull Cuts Price Target Because of Batteries. Shares Rise Anyway.

Barrons2021-06-15

A Tesla bull is a little less bullish Monday. Battery technology is the main reason. Canaccord analyst Jonathan Dorsheimer threw his Tesla (ticker: TSLA) target price into reverse Monday, cutting it ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

XavL
2021-06-15
XavL
Ok
Beabeasiang
2021-06-15
Beabeasiang
Tesla!!
meowx3
2021-06-15
meowx3
4680?
Tatsuya
2021-06-15
Tatsuya
Go Tesla
- RarrrarrReplyTatsuya:
  Yes!!
- Dsd:
  yes
- Tatsuya:
  ...
SandDust
2021-06-15
SandDust
For EV key competitive advantage will be battery and the software. Which company that will master these will win the race. Please like and comment
Fartyclown
2021-06-15
Fartyclown
.
- MicroStrategist:
  ?

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1131396369?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-06-15 08:55","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1131396369","market":"us","top_or_hot":-1,"title":"Tesla Bull Cuts Price Target Because of Batteries. Shares Rise Anyway.","media":"Barrons","content":"<div>\n<p>A Tesla bull is a little less bullish Monday. Battery technology is the main reason.\nCanaccord analyst Jonathan Dorsheimer threw his Tesla (ticker: TSLA) target price into reverse Monday, cutting it ...</p>\n\n<a href=\"https://www.barrons.com/articles/tesla-bull-cuts-price-target-batteries-51623686363?mod=RTA\">Source Link</a>\n\n</div>\n","source":"lsy1601382232898","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Bull Cuts Price Target Because of Batteries. Shares Rise Anyway.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Bull Cuts Price Target Because of Batteries. Shares Rise Anyway.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 08:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/tesla-bull-cuts-price-target-batteries-51623686363?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A Tesla bull is a little less bullish Monday. Battery technology is the main reason.\nCanaccord analyst Jonathan Dorsheimer threw his Tesla (ticker: TSLA) target price into reverse Monday, cutting it ...</p>\n\n<a href=\"https://www.barrons.com/articles/tesla-bull-cuts-price-target-batteries-51623686363?mod=RTA\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TSLA","symbol_name":"特斯拉","start_time":0,"source_url":"https://www.barrons.com/articles/tesla-bull-cuts-price-target-batteries-51623686363?mod=RTA","article_id":"1131396369","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1131396369","pubTimestamp":1623718501,"sourceInfo":{"source_id":"lsy1601382232898","name":"Barrons"},"weMediaInfo":null,"summary":"A Tesla bull is a little less bullish Monday. Battery technology is the main reason.\nCanaccord analy","collect":0,"end_time":0,"defaultTopTitle":"barrons.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"TSLA":"特斯拉"},"translate_title":"特斯拉多头下调价格目标，原因是电池。股票还是会上涨。","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TSLA":0.9},"content_text":"A Tesla bull is a little less bullish Monday. Battery technology is the main reason.\nCanaccord analyst Jonathan Dorsheimer threw his Tesla (ticker: TSLA) target price into reverse Monday, cutting it to $812, down $162, or 17% from $974. He maintained his Buy rating though.\nThe cut isn’t having much impact on shares in Monday trading. Tesla stock is up about 1.3% to $618 a share. \nEven though he is still bullish on the company, Dorsheimer is wary about Tesla’s new batteries. In particular the larger 4680 cell design which promises better charge time, longer per-charge range and lower cost.\nThe 4680 refers to a cylindrical battery with a diameter of 46 millimeters and a length of 80 millimeters. Today’s Tesla’s have 2170 batteries. That’s 21 millimeter diameter and 70 millimeter length.\nTesla recently started delivering its Model S Plaid vehicle, billed as the fastest production car ever built. It can go zero to 60 miles per hour in under 2 seconds. But it also canceled the Plaid+ which was going to have longer per-charge range partly because of the new battery design.\nDorsheimer wrote that the Plaid+ “was reportedly going to be the first to feature the new 4680 cell design.” The cancellation “signals to us the new cell format isn’t ready for production just yet, and cell production capacity constraints for energy storage products like Powerwall remain.”\nIf the batteries aren’t ready yet, that’s a problem. Better batteries are a competitive advantage for electric-vehicle makers. Lower costs also allow Tesla to either charge less or make more money per car. Lower prices can expand the pool of Tesla buyers. Better profits, of course, are cheered by investors. And any battery-supply constraints could impact Tesla vehicle deliveries down the road. Wall Street expects Tesla to deliver 800,000 to 900,000 cars in 2021, up from about 500,000 cars in 2020.\nDorsheimer’s target-price cut lowered the analyst average for Tesla stock to $618 a share from $623.\n\nDrops aren’t the norm recently. Tesla stock’s average analyst target price is up more than 830% from the start of 2018. The average analyst target price, however, has stopped rising since early February.\nThat’s also when bond yields started rising because of inflation fears. Higher bond yields hurt richly valued technology companies more than others for two reasons. Higher yields make it more costly to finance growth. It also reduces the present value of future cash flow. And growth companies generate most of their cash flow far in the future.\nInvestors are looking for a catalyst to snap Tesla stock out of its recent range. First quarter earnings didn’t do it. Neither has the launch of the Plaid. Production from new facilities in Texas and Germany, due to start around year end 2021, as well as the new batteries, could be what investors need.\nOf course, they also need EV demand to stay strong and for interest rates to stay in a low, stable range.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":160000307,"gmtCreate":1623765614009,"gmtModify":1703818701983,"author":{"id":"3577910457171958","authorId":"3577910457171958","name":"XavL","avatar":"https://static.tigerbbs.com/a6ccef99efa9c0b92e8118d597ac0e15","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":4,"crmLevelSwitch":1,"idStr":"3577910457171958","authorIdStr":"3577910457171958"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/160000307","repostId":1131396369,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":187088629,"gmtCreate":1623730491261,"gmtModify":1704209811141,"author":{"id":"3581630037532294","authorId":"3581630037532294","name":"Beabeasiang","avatar":"https://static.tigerbbs.com/a4b10d7881bc9b47ae4f3b58ce6b91ee","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581630037532294","authorIdStr":"3581630037532294"},"htmlText":"Tesla!!","listText":"Tesla!!","text":"Tesla!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187088629","repostId":1131396369,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":187081480,"gmtCreate":1623730446540,"gmtModify":1704209810333,"author":{"id":"3564622915347576","authorId":"3564622915347576","name":"meowx3","avatar":"https://static.tigerbbs.com/ed62fdc20a8546ffe194561acd28b33f","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3564622915347576","authorIdStr":"3564622915347576"},"htmlText":"4680?","listText":"4680?","text":"4680?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187081480","repostId":1131396369,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":187008058,"gmtCreate":1623728098174,"gmtModify":1704209755109,"author":{"id":"3580746005297647","authorId":"3580746005297647","name":"Tatsuya","avatar":"https://static.tigerbbs.com/9e704bb3e3180783f322dc964a67d550","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":0,"idStr":"3580746005297647","authorIdStr":"3580746005297647"},"htmlText":"Go Tesla","listText":"Go Tesla","text":"Go Tesla","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/187008058","repostId":1131396369,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4763032,"gmtCreate":1623729893916,"gmtModify":1663228815446,"authorId":3577437033312646,"author":{"id":3577437033312646,"idStr":"3577437033312646","authorId":3577437033312646,"name":"Rarrrarr","avatar":"https://static.tigerbbs.com/341c17932ee056b623159e959d37e73a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":3580746005297647,"repliedAuthor":{"id":3580746005297647,"idStr":"3580746005297647","authorId":3580746005297647,"name":"Tatsuya","avatar":"https://static.tigerbbs.com/9e704bb3e3180783f322dc964a67d550","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-1","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Elite Trader","description":"Total number of securities or futures transactions reached 30","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.01.30","exceedPercentage":"60.20%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"objectId":187008058,"type":1,"supId":4762679,"prevId":4762705,"content":"Yes!!","text":"Yes!!","html":"Yes!!"},{"id":4762679,"gmtCreate":1623728205911,"gmtModify":1663228813550,"authorId":3581036261146444,"author":{"id":3581036261146444,"idStr":"3581036261146444","authorId":3581036261146444,"name":"Dsd","avatar":"https://static.tigerbbs.com/2a1957746498df0232ae53ac81018443","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":187008058,"type":1,"supId":0,"prevId":0,"content":"yes","text":"yes","html":"yes"},{"id":4762705,"gmtCreate":1623728270055,"gmtModify":1663228812933,"authorId":3580746005297647,"author":{"id":3580746005297647,"idStr":"3580746005297647","authorId":3580746005297647,"name":"Tatsuya","avatar":"https://static.tigerbbs.com/9e704bb3e3180783f322dc964a67d550","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-1","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Elite Trader","description":"Total number of securities or futures transactions reached 30","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.01.30","exceedPercentage":"60.20%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":187008058,"type":1,"supId":4762679,"prevId":0,"content":"...","text":"...","html":"..."}],"langContent":"EN"},{"id":184471396,"gmtCreate":1623723144115,"gmtModify":1704209602355,"author":{"id":"3581331938298103","authorId":"3581331938298103","name":"SandDust","avatar":"https://static.tigerbbs.com/ea6083d742fc232449a625fb122842c8","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3581331938298103","authorIdStr":"3581331938298103"},"htmlText":"For EV key competitive advantage will be battery and the software. Which company that will master these will win the race.&nbsp;Please like and comment&nbsp;","listText":"For EV key competitive advantage will be battery and the software. Which company that will master these will win the race.&nbsp;Please like and comment&nbsp;","text":"For EV key competitive advantage will be battery and the software. Which company that will master these will win the race. Please like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/184471396","repostId":1131396369,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":184425661,"gmtCreate":1623722373353,"gmtModify":1704209566433,"author":{"id":"3562498882012320","authorId":"3562498882012320","name":"Fartyclown","avatar":"https://static.tigerbbs.com/98da8c7130a89aa96f8dfc0e63f22fd3","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3562498882012320","authorIdStr":"3562498882012320"},"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/184425661","repostId":1131396369,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4760859,"gmtCreate":1623723044627,"gmtModify":1663228804431,"authorId":3561713422683896,"author":{"id":3561713422683896,"idStr":"3561713422683896","authorId":3561713422683896,"name":"MicroStrategist","avatar":"https://community-static.tradeup.com/news/a1f9b1071e75ec59572f7ba9bbb0a4ed","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"93.05%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":0,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.11.22","individualDisplayEnabled":1,"backgroundColor":{"dark":"#675a37","tint":"#f9ebc2"},"fontColor":{"dark":"#ffffff","tint":"#ab7a0e"},"individualDisplaySort":0,"categoryType":2007}]},"repliedAuthorId":0,"objectId":184425661,"type":1,"supId":0,"prevId":0,"content":"?","text":"?","html":"?"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":82,"commentSize":37,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1131396369"}