Zhitong Finance APP learned that on Tuesday, Citi analyst Itay Michaeli maintained a "sell" rating on Tesla (TSLA.US) with a target price of $159. Michaeli said that Tesla's first-quarter financial report was "mixed." Among them, the gross profit margin of car sales and free cash flow exceeded market expectations, but the operating profit was lower than expected, mainly due to the increase in operating expenses. He is in line with the market for Tesla's full-year forecast, but noted that Model S/X sales are expected to decline. He said that Tesla's results were lower than market expectations, and then the stock price fell after hours, which is...
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