Wedbush Says Negative Sentiment on Tesla Stock "Way Overdone"

10
1
Favorite

Wedbush Says Negative Sentiment on Tesla Stock "Way Overdone"

Investing.com03-14

Wedbush analysts said Wednesday they believe the negative sentiment surrounding Tesla stock is “way overdone.”“We believe the Tesla narrative is as negative we have seen in the last few years with ...

Source Link

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.

Report

Comment（1）

Dr Rck
·03-14
This is quite subjective without looking at the data objectively. Last year TSLA did not manage to hit 2m units as forecast. Looking at the macro environment and increased competition, etc, many headwinds TSLA is facing, it will take some time for it to climb back up, not that it is impossible, but will take some time.
Reply
123
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2419681093?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-03-14 10:30","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2419681093","market":"us","top_or_hot":-1,"title":"Wedbush Says Negative Sentiment on Tesla Stock \"Way Overdone\"","media":"Investing.com","content":"<div>\n<p>Wedbush analysts said Wednesday they believe the negative sentiment surrounding Tesla stock is “way overdone.”“We believe the Tesla narrative is as negative we have seen in the last few years with ...</p>\n\n<a href=\"https://www.investing.com/news/stock-market-news/wedbush-says-negative-sentiment-on-tesla-stock-way-overdone-432SI-3336115\">Source Link</a>\n\n</div>\n","source":"investingArticles_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wedbush Says Negative Sentiment on Tesla Stock \"Way Overdone\"</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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\">\nWedbush Says Negative Sentiment on Tesla Stock \"Way Overdone\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-14 10:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investing.com/news/stock-market-news/wedbush-says-negative-sentiment-on-tesla-stock-way-overdone-432SI-3336115><strong>Investing.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wedbush analysts said Wednesday they believe the negative sentiment surrounding Tesla stock is “way overdone.”“We believe the Tesla narrative is as negative we have seen in the last few years with ...</p>\n\n<a href=\"https://www.investing.com/news/stock-market-news/wedbush-says-negative-sentiment-on-tesla-stock-way-overdone-432SI-3336115\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00B1XK9C88.USD","symbol_name":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","start_time":0,"source_url":"https://www.investing.com/news/stock-market-news/wedbush-says-negative-sentiment-on-tesla-stock-way-overdone-432SI-3336115","article_id":"2419681093","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2419681093","pubTimestamp":1710383400,"sourceInfo":{"source_id":"investingArticles_highlight","name":"Investing.com"},"weMediaInfo":null,"summary":"Wedbush analysts headed by Dan Ives said Wednesday they believe the negative sentiment surrounding Tesla (NASDAQ: TSLA) stock is “way ...(Premium-only article. Please sign in or upgrade to SI Premium to view.)","collect":0,"end_time":0,"defaultTopTitle":"investing.com","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0823411888.USD":"法巴消费创新基金 Cap","BK4534":"瑞士信贷持仓","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","BK4551":"寇图资本持仓","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","BK4574":"无人驾驶","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","BK4548":"巴美列捷福持仓","LU0082616367.USD":"摩根大通美国科技A（dist）","LU1861558580.USD":"日兴方舟颠覆性创新基金B","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","TSLL":"Direxion Daily TSLA Bull 2X Shares","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0823414478.USD":"法巴经典能源转换基金","BK4099":"汽车制造商","TSLA":"特斯拉","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","BK4550":"红杉资本持仓","LU0234572021.USD":"高盛美国核心股票组合Acc","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","BK4555":"新能源车","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","BK4511":"特斯拉概念","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","BK4581":"高盛持仓","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","BK4527":"明星科技股","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD"},"translate_title":"韦德布什表示，对特斯拉股票的负面情绪“过分了”","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TSLL":1.1,"TSLA":1.1},"content_text":"Wedbush analysts said Wednesday they believe the negative sentiment surrounding Tesla stock is “way overdone.”“We believe the Tesla narrative is as negative we have seen in the last few years with Musk and Tesla getting attacked by the bears from all directions,” analysts wrote.“Taking a step back, we have been here before with Musk/Tesla a number of times over the last decade as the doubters have said the Tesla story is done and electric vehicles are a fad, not a long term transformational trend that will change the auto industry,” they added.The broker’s team visited Asia and observed that the competition for pricing in China's auto market is exceptionally fierce.However, from their industry evaluations within the country and the surrounding region, there is an emerging consensus that many of these aggressive price reductions are beginning to diminish ahead of the spring/summer of 2024.This trend is perceived as positive news for TSLA and the electric vehicle (EV) industry at large, analysts noted.The team pointed out that Tesla remains on track to surpass the production and sales milestone of 2 million units in 2024. Moreover, achieving a range of 2.1 million (base case) to 2.2 million (stretch goal) units is still considered feasible, despite a softer performance in the first quarter, with projections now leaning towards the 430,000 units mark.The near-term outlook for the EV maker is “not roses and rainbows,” with lackluster demand for Q1, the temporary shutdown of Tesla’s Berlin plant, and noise around Musk’s compensation package.“That said, we believe the risk/reward is extremely compelling at these levels with the AI story and FSD making major strides at Tesla and in our opinion represents a valuation that could exceed $1 trillion as this next chapter of the Tesla growth story plays out in the field,” analysts said.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[{"id":284134938788024,"gmtCreate":1710384809431,"gmtModify":1710415320452,"author":{"id":"3576157343730083","authorId":"3576157343730083","name":"Dr Rck","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":7,"crmLevelSwitch":0,"authorIdStr":"3576157343730083","idStr":"3576157343730083"},"htmlText":"This is quite subjective without looking at the data objectively. Last year TSLA did not manage to hit 2m units as forecast. Looking at the macro environment and increased competition, etc, many headwinds TSLA is facing, it will take some time for it to climb back up, not that it is impossible, but will take some time.","listText":"This is quite subjective without looking at the data objectively. Last year TSLA did not manage to hit 2m units as forecast. Looking at the macro environment and increased competition, etc, many headwinds TSLA is facing, it will take some time for it to climb back up, not that it is impossible, but will take some time.","text":"This is quite subjective without looking at the data objectively. Last year TSLA did not manage to hit 2m units as forecast. Looking at the macro environment and increased competition, etc, many headwinds TSLA is facing, it will take some time for it to climb back up, not that it is impossible, but will take some time.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":123,"commentSize":0,"repostSize":6,"link":"https://ttm.financial/post/284134938788024","repostId":2419681093,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":10,"commentSize":1,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}