At the end of the day, if I wa

2022-12-20

At the end of the day, if I was going to buy anelectric car I will buy Tesla, not Ford, GM, Toyota or the Chinese brands (don't even know what they are called). First movers enjoy a stickiness competitive advantage unless there is a major technological disruption. This is why it is still a highly profitable company. Elon is a fool but what he has done is ruin his own brand.The Tesla brand is still strong when it comes to Electric Vehicles. I will start buying soon andhold long term. EV's are the future. Forget all the fancy analysis - EV's are here to stay (not digital currency!)

Tesla Stock Ends Below $150 As Analysts Say They Can’t Ignore Elon Musk’s Twitter "Nightmare" Anymore

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Comments

TCL
2022-12-20
TCL
hi
MIe
2022-12-20
MIe
[Miser]
imsomeonelse
2022-12-20
imsomeonelse
Possible
Boo2020
2022-12-20
Boo2020
nice
XianHan
2022-12-20
XianHan
👍

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First movers enjoy a stickiness competitive advantage unless&nbsp;there is a major technological disruption. This is why it is still a highly profitable company. Elon is a fool but what he has done is ruin his own brand.The Tesla brand is still strong when it comes to Electric Vehicles. I will start buying soon andhold long term. EV's are the future. Forget all the fancy analysis - EV's are here to stay (not digital currency!)</p></body></html>","htmlText":"<html><head></head><body><p>At the end of the day, if I was going to buy anelectric car I will buy Tesla, not Ford, GM, Toyota or the Chinese brands (don't even know what they are called). First movers enjoy a stickiness competitive advantage unless&nbsp;there is a major technological disruption. This is why it is still a highly profitable company. Elon is a fool but what he has done is ruin his own brand.The Tesla brand is still strong when it comes to Electric Vehicles. I will start buying soon andhold long term. 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Forget all the fancy analysis - EV's are here to stay (not digital currency!)","highlighted":1,"essential":1,"paper":1,"likeSize":19,"commentSize":5,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9926606523","repostId":1114075297,"repostType":4,"repost":{"id":"1114075297","kind":"news","pubTimestamp":1671525372,"share":"https://www.laohu8.com/m/news/1114075297?lang=&edition=full","pubTime":"2022-12-20 16:36","market":"us","language":"en","title":"Tesla Stock Ends Below $150 As Analysts Say They Can’t Ignore Elon Musk’s Twitter \"Nightmare\" Anymore","url":"https://stock-news.laohu8.com/highlight/detail?id=1114075297","media":"MarketWatch","summary":"Oppenheimer analyst downgrades Tesla stock, arguing ‘the combination of Twitter’s unclear cash needs","content":"<html><head></head><body><p>Oppenheimer analyst downgrades Tesla stock, arguing ‘the combination of Twitter’s unclear cash needs and diminishing options’ can no longer be separated from Tesla, while Wedbush analyst says Twitter is on track to lose $4 billion a year</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f42c517d86764609a12799e1d7a1ff88\" tg-width=\"700\" tg-height=\"469\" referrerpolicy=\"no-referrer\"/><span>Tesla and Twitter CEO Elon Musk at the Giga Texas manufacturing “Cyber Rodeo” on April 6 in Austin, Texas.</span></p><p>Tesla Inc. shares closed lower than $150 for the first time in more than two years Monday, after analysts said they are concerned that Chief Executive Elon Musk is being distracted from running the $484 billion electric-vehicle maker as he also runs the social-media service Twitter.</p><p>Tesla shares closed down 0.2% at $149.87. Factoring in the stock’s 3-for-1 split in August, shares closed lower than they have since Oct. 15, 2020, when they finished at a split-adjusted $149.63. The S&amp;P 500 index slipped 0.9% Monday and the tech-heavy Nasdaq Composite Index declined 1.5%.</p><p>Tesla shares are down 57.5% year to date, compared with a 19.9% fall on the S&amp;P 500 and a 32.6% drop on the Nasdaq. Tesla shares suffered their worst week since 2020 last week, as a high-profile investor called on Musk to name a new Tesla CEO and Musk sold $3.6 billion in Tesla stock, his second large sale of shares in a little more than a month.</p><p>Tesla shares have struggled since Musk agreed to acquire Twitter for $44 billion earlier this year, then sued to try to get out of the deal. Since officially closing the deal in October, Musk has appeared to spend much of his time focused on the social-media service, and has reportedly pulled in employees of Tesla as well as SpaceX in an attempt to turn Twitter around.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c2086dfc879bae4f2858d94b0f19bed0\" tg-width=\"700\" tg-height=\"523\" referrerpolicy=\"no-referrer\"/><span>FACTSET/MARKETWATCH</span></p><p>Oppenheimer analyst Colin Rusch downgraded Tesla to perform in a Monday note, citing the maelstrom at Twitter and noting he had tried to ignore it previously.</p><p>“While we continue to see Tesla evolving EV and autonomous technology in advance of peers and driving costs to levels those peers will struggle to match—and have tried to separate Elon Musk’s non-Tesla endeavors (personal and professional) from our analysis on TSLA—we believe Mr. Musk’s acquisition and subsequent management of Twitter now make that separation untenable,” Rusch said.</p><p>“The combination of Twitter’s unclear cash needs and diminishing options for Mr. Musk to serve those needs amid the broad public backlash driven by inconsistent standards application for Twitter users, notably banning select journalists, is pushing us to the sidelines,” Rusch continued.</p><p>“Time to end this nightmare as CEO of Twitter,” Wedbush analyst Dan Ives wrote in a separate Monday note, citing a poll that Musk posted on Twitter late Sunday, asking users whether he should step down as CEO.</p><p>“From the botched verification subscription plan to banning journalists to political firestorms caused on a daily basis its been the perfect storm as advertisers have run for the hills and left Twitter squarely in the red ink potentially on track to lose roughly $4 billion per year we estimate,” wrote Ives, who has an outperform rating on Tesla and a $250 price target.</p><p>Meanwhile, Sen. 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}\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 Stock Ends Below $150 As Analysts Say They Can’t Ignore Elon Musk’s Twitter \"Nightmare\" Anymore\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-20 16:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/tesla-analysts-say-they-cant-ignore-twitter-nightmare-anymore-11671476419?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Oppenheimer analyst downgrades Tesla stock, arguing ‘the combination of Twitter’s unclear cash needs and diminishing options’ can no longer be separated from Tesla, while Wedbush analyst says Twitter ...</p>\n\n<a href=\"https://www.marketwatch.com/story/tesla-analysts-say-they-cant-ignore-twitter-nightmare-anymore-11671476419?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.marketwatch.com/story/tesla-analysts-say-they-cant-ignore-twitter-nightmare-anymore-11671476419?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114075297","content_text":"Oppenheimer analyst downgrades Tesla stock, arguing ‘the combination of Twitter’s unclear cash needs and diminishing options’ can no longer be separated from Tesla, while Wedbush analyst says Twitter is on track to lose $4 billion a yearTesla and Twitter CEO Elon Musk at the Giga Texas manufacturing “Cyber Rodeo” on April 6 in Austin, Texas.Tesla Inc. shares closed lower than $150 for the first time in more than two years Monday, after analysts said they are concerned that Chief Executive Elon Musk is being distracted from running the $484 billion electric-vehicle maker as he also runs the social-media service Twitter.Tesla shares closed down 0.2% at $149.87. Factoring in the stock’s 3-for-1 split in August, shares closed lower than they have since Oct. 15, 2020, when they finished at a split-adjusted $149.63. The S&P 500 index slipped 0.9% Monday and the tech-heavy Nasdaq Composite Index declined 1.5%.Tesla shares are down 57.5% year to date, compared with a 19.9% fall on the S&P 500 and a 32.6% drop on the Nasdaq. Tesla shares suffered their worst week since 2020 last week, as a high-profile investor called on Musk to name a new Tesla CEO and Musk sold $3.6 billion in Tesla stock, his second large sale of shares in a little more than a month.Tesla shares have struggled since Musk agreed to acquire Twitter for $44 billion earlier this year, then sued to try to get out of the deal. Since officially closing the deal in October, Musk has appeared to spend much of his time focused on the social-media service, and has reportedly pulled in employees of Tesla as well as SpaceX in an attempt to turn Twitter around.FACTSET/MARKETWATCHOppenheimer analyst Colin Rusch downgraded Tesla to perform in a Monday note, citing the maelstrom at Twitter and noting he had tried to ignore it previously.“While we continue to see Tesla evolving EV and autonomous technology in advance of peers and driving costs to levels those peers will struggle to match—and have tried to separate Elon Musk’s non-Tesla endeavors (personal and professional) from our analysis on TSLA—we believe Mr. Musk’s acquisition and subsequent management of Twitter now make that separation untenable,” Rusch said.“The combination of Twitter’s unclear cash needs and diminishing options for Mr. Musk to serve those needs amid the broad public backlash driven by inconsistent standards application for Twitter users, notably banning select journalists, is pushing us to the sidelines,” Rusch continued.“Time to end this nightmare as CEO of Twitter,” Wedbush analyst Dan Ives wrote in a separate Monday note, citing a poll that Musk posted on Twitter late Sunday, asking users whether he should step down as CEO.“From the botched verification subscription plan to banning journalists to political firestorms caused on a daily basis its been the perfect storm as advertisers have run for the hills and left Twitter squarely in the red ink potentially on track to lose roughly $4 billion per year we estimate,” wrote Ives, who has an outperform rating on Tesla and a $250 price target.Meanwhile, Sen. Elizabeth Warren called on Tesla’s Chair Robyn Denholm to address concerns that the board has failed to meet its legal duties in not addressing its CEO’s behavior.Of the 43 analysts who cover Tesla, 27 have buy-grade ratings,13 have hold ratings, and three have sell ratings, along with an average target price of 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