Tesla Stock: Upgrading To Buy, Negatives Priced In

Seeking Alpha2023-10-25

We’re upgrading Tesla, Inc. stock to a buy.Tesla stock is down 15% over the past week, underperforming the S&P 500 by 10%.We now think our previous concerns regarding Tesla’s financial ...

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Comments

  • a4xrbj1
    2023-10-25
    a4xrbj1
    I don't think a price correction is all that is needed. The problems are deeper than that. Cybertruck has some serious issues to be produced in numbers and ramp up will be very slow with hiccups along the way which will further push the share price down when they become known. FSD or baby AGI as Musks called it isn't ready to be released soon. He stayed away from making any predictions, this comes from Mr Overconfident himself. Even if it's launched, will only be in North America as he clearly said during the call. Europe and the rest of the world is far behind, China will be more likely to come at least as a limited test. Margins are still under pressure and the macro won't change this year. Hopefully interest rates will come down slowly in 2024. Mexico Gigafactory is on hold, so mass pro
  • nedia_sin
    2023-10-25
    nedia_sin
    One moment downgrade. Next moment to upgrade.
  • romanc9
    2023-10-25
    romanc9
    No, alot of analysts said is worth $60 is just a autocar manufacturer..  R u sure is over value or super over value? 
  • mster
    2023-10-25
    mster
    It's healthier if Tesla can test 190. This pull back is too soon. 
    • Coldastone17: 
      Yar time will tell. Its people like u who put in $$ in stocks and hope for years. Go get s grip in life. If i not sure dont make such unnecessary comments.
    • mster: 
      Navie?!? Perhaps I am. Haha. Only time will tell.
    • Coldastone17: 
      Becos u missed out on the correction tis week? Dont be naive. Buyers are coming tis week and the price will just go up
  • King19
    2023-10-25
    King19
    I will consider when it's down another 20-30% 👍
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