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-0.000325744688551999 -0.000579101668536773 0.00380035469977202 0.00159252958847587 0.00217163125701244 0.00112237142133257 0.00630352166202181 0.0100618914908248
Stock impact report

Tesla shares poised to rise after 'fever pitch' of bad news: analyst [Reuters (UK)]

Tesla, Inc. (TSLA) 
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Company Research Source: Reuters
Tesla shares poised to rise after 'fever pitch' of bad news: analyst | Reuters 3 Min Read SAN FRANCISCO (Reuters) - Immaterial negative news stories about Tesla Inc have hit a “fever pitch”, and the electric carmaker’s stock is set to surge as output of its Model 3 sedan improves, according to an analyst. Baird Equity Research analyst Ben Kallo, in a note on Wednesday, said reports about factory accidents, employee turnover and production pauses have contributed to investor pessimism, but that sentiment would recover as the company fixes factory bottlenecks and increases output of its Model 3. “Sentiment is as negative as we have experienced around Tesla, and we want to lean into the fever pitch,” wrote Kallo, one of nine analysts who recommend buying Tesla’s stock, according to Thomson Reuters data. He called the substantial rise of negative Tesla headlines over the past month “increasingly immaterial.” Another eight analysts recommend selling Tesla, and nine have neutral ratings. Sh Show less Read more
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