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FFS the whole nasdaq is down, healthy pull back.

Tesla Stock Is in the Red as Wall Street Lifts Target Prices

Tesla stock whipsawed on Tuesday after investors digested the implications of CEO Elon Musk's political leanings. Shares are down to start Wednesday trading despite recently increased stock price targ

Tesla Stock Is in the Red as Wall Street Lifts Target Prices

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Shares are down to start Wednesday trading despite recently increased stock price targ","content":"<html><head></head><body><p>Tesla stock whipsawed on Tuesday after investors digested the implications of CEO Elon Musk&#39;s political leanings. Shares are down to start Wednesday trading despite recently increased stock price targets heading into the company&#39;s second-quarter earnings report.</p><p>On Tuesday, Tesla stock was down as much as 2.7% and up as much as 2.3%. Shares finished up 1.6%, rising for the second consecutive day since Musk endorsed former President Trump, and committed money to his reelection effort.</p><p>Shares are down 2.1% in premarket trading Wednesday, at $251.30.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/c6acefb90e62597ce05073260b7b4a7b\" tg-width=\"874\" tg-height=\"624\"/></p><p>The drop comes despite Barclays analyst Dan Levy raising his Tesla price target on Wednesday to $225 from $180.</p><p>Target price increases can help stocks, but Levy kept his Hold rating on shares, and still has concerns. He acknowledges the &#34;potentially disruptive opportunity&#34; from robotaxis but adds success in that business isn&#39;t certain, leaving investors with an all-or-nothing bet on self-driving cars.</p><p>Levy&#39;s target raise is one of many hikes since Tesla reported better-than-expected second-quarter vehicle deliveries. The average analyst price target has risen to about $204 from $184 since the end of June, just before the delivery report, according to FactSet.</p><p>Earnings estimates are higher, too. The average estimate for second-quarter earnings per share is now 61 cents, up from 58 cents. The average estimate for 2024 earnings per share is now $2.43, up from $2.39.</p><p>Higher estimates and target prices are positive for any stock. Coming into Wednesday treading, Tesla shares were already up almost 30% month to date.</p></body></html>","collect":0,"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>Tesla Stock Is in the Red as Wall Street Lifts Target Prices</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\">\nTesla Stock Is in the Red as Wall Street Lifts Target Prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-07-17 20:30</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Tesla stock whipsawed on Tuesday after investors digested the implications of CEO Elon Musk&#39;s political leanings. Shares are down to start Wednesday trading despite recently increased stock price targets heading into the company&#39;s second-quarter earnings report.</p><p>On Tuesday, Tesla stock was down as much as 2.7% and up as much as 2.3%. Shares finished up 1.6%, rising for the second consecutive day since Musk endorsed former President Trump, and committed money to his reelection effort.</p><p>Shares are down 2.1% in premarket trading Wednesday, at $251.30.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/c6acefb90e62597ce05073260b7b4a7b\" tg-width=\"874\" tg-height=\"624\"/></p><p>The drop comes despite Barclays analyst Dan Levy raising his Tesla price target on Wednesday to $225 from $180.</p><p>Target price increases can help stocks, but Levy kept his Hold rating on shares, and still has concerns. He acknowledges the &#34;potentially disruptive opportunity&#34; from robotaxis but adds success in that business isn&#39;t certain, leaving investors with an all-or-nothing bet on self-driving cars.</p><p>Levy&#39;s target raise is one of many hikes since Tesla reported better-than-expected second-quarter vehicle deliveries. The average analyst price target has risen to about $204 from $184 since the end of June, just before the delivery report, according to FactSet.</p><p>Earnings estimates are higher, too. The average estimate for second-quarter earnings per share is now 61 cents, up from 58 cents. The average estimate for 2024 earnings per share is now $2.43, up from $2.39.</p><p>Higher estimates and target prices are positive for any stock. Coming into Wednesday treading, Tesla shares were already up almost 30% month to date.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLL":"Direxion Daily TSLA Bull 2X Shares"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2452153890","content_text":"Tesla stock whipsawed on Tuesday after investors digested the implications of CEO Elon Musk's political leanings. Shares are down to start Wednesday trading despite recently increased stock price targets heading into the company's second-quarter earnings report.On Tuesday, Tesla stock was down as much as 2.7% and up as much as 2.3%. Shares finished up 1.6%, rising for the second consecutive day since Musk endorsed former President Trump, and committed money to his reelection effort.Shares are down 2.1% in premarket trading Wednesday, at $251.30.The drop comes despite Barclays analyst Dan Levy raising his Tesla price target on Wednesday to $225 from $180.Target price increases can help stocks, but Levy kept his Hold rating on shares, and still has concerns. He acknowledges the \"potentially disruptive opportunity\" from robotaxis but adds success in that business isn't certain, leaving investors with an all-or-nothing bet on self-driving cars.Levy's target raise is one of many hikes since Tesla reported better-than-expected second-quarter vehicle deliveries. The average analyst price target has risen to about $204 from $184 since the end of June, just before the delivery report, according to FactSet.Earnings estimates are higher, too. The average estimate for second-quarter earnings per share is now 61 cents, up from 58 cents. The average estimate for 2024 earnings per share is now $2.43, up from $2.39.Higher estimates and target prices are positive for any stock. Coming into Wednesday treading, Tesla shares were already up almost 30% month to date.","news_type":1},"isVote":1,"tweetType":1,"viewCount":151,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":40,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}