Like it, buy it, otherwise 'don't invest in TSLA...' if you don't believe it can deliver autonomy - according to EM, but may take another 3 to 5 yrs for more testing and adoption?
Tesla Stock Dips. Apple Isn't Lifting Everything
Tesla stock ended Thursday at $180.01, up 2 cents, and didn't get much of a boost from a new bullish call from Cantor Fitzgerald.Analyst Andres Sheppard launched coverage with a Buy rating and a price target of $230.Buy ratings typically help any stock, but coming into Thursday's session Tesla shares already were up about 27% from a 52-week closing low of $142.05 reached on April 22, a day before Tesla reported better-than-feared first-quarter earnings.In premarket trading Friday, Tesla shares were down 0.5% to $179.08, while S&P 500 and Nasdaq Composite futures jumped 0.9% and 1.5%, respectively.Apple was helping the indexes. The tech giant's shares were rallying 5.7% in premarket trading after the company said it expects sales in its fiscal third quarter to come in at about $83 billion, in line with Wall Street estimates but above what investors feared, wrote Melius Research analyst Ben Reitzes in a report Thursday.This content was created by Barron's, which is operated by Dow Jones
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