ahonn
08-05

$Tesla Motors(TSLA)$  Bernstein, predict a potential 40% downside due to market saturation and intense competition in the EV sector. They argue that Tesla might need to continue reducing vehicle prices to remain competitive, which could hurt its profitability. The consensus among analysts is generally a "Hold," reflecting uncertainty. While there are optimistic price targets, the average price target of around $204 suggests limited upside potential from current levels

Tesla 52-Week-High! Head to $300 or Pullback Before Election?
Tesla hit $273.54 in the trading session, a 52-week-high. But then the stock retraced and closed down -2.48%. Will Tesla head to $300 or pullback before election? Are you bullish on the earnings?
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

  • pixiezz
    08-06
    pixiezz

    How does a company either no growth and loosing market share support a PE of 60?

  • zinglee
    08-06
    zinglee

    Tesla going back down to 130 range over the next couple of months.

  • cheerzy
    08-06
    cheerzy

    There is no buyer. Everyone selling and just selling

Leave a comment
3