Tesla cuts U.S. prices on all vehicles, shares drop
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January 3, 2019 9:21 AM EST
Needham & Company analyst, Rajvindra Gill, reiterated an Underperform rating on Tesla (NASDAQ: TSLA) following the company's miss on overall deliveries. Overall deliveries slightly missed consensus: 90.7k vs 90.8.
Based on 4Q18 deliveries, deliveries for Model S and Model X will decline ~2% Y/Y... More
January 2, 2019 11:57 AM EST
RBC Capital analyst Joseph Spak lowered the price target on Tesla (NASDAQ: TSLA) to $290.00 (from $340.00) while maintaining a Sector Perform rating.
Spak noted the 4Q deliveries disappoint but $2k price cut on Model S/X/3 raises demand and gross margin target... More
January 2, 2019 11:17 AM EST
Baird analyst Ben Kallo weighed in on Tesla (NASDAQ: TSLA) after the company's Q4 deliveries were slightly below consensus, but notes shares are likely under pressure on an announced $2,000 price reduction, which he said may exacerbate concerns over moderating demand.
Kallo said they... More
January 2, 2019 9:33 AM EST
Global Equities Research analyst Trip Chowdhry weighed in on Tesla (NASDAQ: TSLA) following the Q4 production/delivery update. Chowdhry called the quarter "monstrous" and is recommending clients buy on the related weakness.
He said "a few Units here or there,... More
