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Bearish Tesla analyst has good news for Rivian stock investors [Yahoo! Finance]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
BNP Paribas has an underperform rating and a $280 price target on the stock (compared to the consensus hold rating and $397.26 price target, according to MarketBeat ), based on skepticism about the company's Robotaxi and Optimus-focused plans for 2026. BNPP analysts are very skeptical of the progress, or lack thereof, that Tesla is showing in Robotaxi and humanoid robots. According to the firm, Tesla's Robotaxi growth in Austin and San Francisco has "stagnated," and it seems skeptical of the company's expansion into Dallas and Houston, referring to its "launches" with quotation marks. Analysts said Tesla will also "require a steep ramp" to reach the 7-city expansion by the end of the year, which CEO Elon Musk promised investors during the company's previous earnings call "We also don't see much progress in Optimus commercialization," analysts said, referring to Musk's other promise of expanding the company's capacity to build 1 million Optimus humanoid robots per year. “Given
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- Tesla Heads Into Earnings With Something To Prove [Yahoo! Finance][Yahoo! Finance]
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