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Stockreport

Tesla bull lowers price target, says negativity is 'warranted' [Yahoo! Finance]

Tesla, Inc. (TSLA)  More Company Research Source: Yahoo! Finance
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Ives said that the Tesla story is "as negative" as it's ever been, but this time that negativity is "warranted." Tesla is set to report first-quarter earnings April 17. Wedbush's Dan Ives expects Tesla TSLA to report its first-quarter-delivery numbers April 2, and he doesn't expect the report to be a positive one. Ives said in a client note that the first quarter had been a "nightmare" quarter for Tesla, with supply issues crossing with soft demand in China to result in a "perfect storm" that has pushed sales down. Delivery estimates for the quarter have dipped to 425,000 from 475,000; Ives said that Tesla would no longer be able to meet a baseline of 2.1 million units for the year, and he's now expecting a baseline of 2 million. The company delivered 1.8 million units in 2023 Related: Why a key analyst just boosted his price target for one Magnificent 7 giant Wedbush lowered its Tesla price target to $300 from $315, though Ives maintained his outperform rating. The big [Read more]

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Stockreport

Tesla bull lowers price target, says negativity is 'warranted' [Yahoo! Finance]

Tesla, Inc.  (TSLA) 
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Ives said that the Tesla story is "as negative" as it's ever been, but this time that negativity is "warranted." Tesla is set to report first-quarter earnings April 17. Wedbush's Dan Ives expects Tesla TSLA to report its first-quarter-delivery numbers April 2, and he doesn't expect the report to be a positive one. Ives said in a client note that the first quarter had been a "nightmare" quarter for Tesla, with supply issues crossing with soft demand in China to result in a "perfect storm" that has pushed sales down. Delivery estimates for the quarter have dipped to 425,000 from 475,000; Ives said that Tesla would no longer be able to meet a baseline of 2.1 million units for the year, and he's now expecting a baseline of 2 million. The company delivered 1.8 million units in 2023 Related: Why a key analyst just boosted his price target for one Magnificent 7 giant Wedbush lowered its Tesla price target to $300 from $315, though Ives maintained his outperform rating. The big [Read more]

IMPACT SNAPSHOT
EVENT TIME:
TSLA
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS