TSLA Downgraded again ! Worry Now ?
@JC888:
$Tesla Motors(TSLA)$ Based on US market history, April is one of the best performing months for equities. Yet this April, Tesla fell by -6.39% to $164.90 per share, after announcing a much weaker than expected Q1 2024 deliveries. Actually on 24 Jan 2024, Tesla has suffered a price correction after it’s Q4 2023 post earnings conference call. When commenting on 2024 EV growth, Mr musk himself issued the warning “may be notably lower”. With a realized forecast, analysts are now lowering their price targets & expectations — while waiting for Mr musk to pivot out of a "messy quarter." Who Said What? (1) Guggenheim Securities, Analyst Ronald Jewsikow: - Recommended - Sell rating. - Revise