Analysts downgrade Tesla because their own price target is completely wrong (meaning they do a shitty job of predicting the stock price).There's no change in fundamentals at Tesla, yet they (Morgan Stanley, now GS), downgrade Tesla but at the same time increase their shitty low price target to the current price.
On what basis? Do they have magic 8, a glassbowl or are they just look at their morning urine to set their price target?
It's just market manipulation at the highest level as their investment arms will make sure that the report is "correct" for the next couple of days (meaning, stock price will go down).
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Tesla +$400 by end of Q
Tesla is up 5% in the moment. Tesla will be up even more. Squeeze all you shorts. $600 EOY. Let's gooo...
TSLA sales in China hit 155,000 units not include export to other countries. Fremont deliveries around 170,000 units. Berlin and Texas ship around 130.000 unit.
Will we open +$5 or +$10 up? I’m expecting Tesla to end +$20 up on a short trading day.
Elon says be cautious. I say do the opposite. TSLA will be a trillion dollar company this quarter.