Tesla's German gigafactory reconnected to grid after week-long outage

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Go back to Tesla's German gigafactory reconnected to grid after week-long outage

Wedbush on Tesla (TSLA): 'Negative Sentiment Way Overdone In Our View'

March 13, 2024 7:05 AM EDT

Wedbush analyst Daniel Ives reiterated an Outperform rating and $315.00 price target on Tesla (NASDAQ: TSLA)

The analyst comments "We believe the stock is way overshooting on the negative front as the demand story for Tesla is more in stabilization mode heading to the... More

Analyst shares key takeaways from his visit to Tesla’s (TSLA) Austin Gigafactory

March 11, 2024 1:55 PM EDT

On Monday, Evercore ISI reiterated its In-Line rating and $175 price target for Tesla (NASDAQ: TSLA), following a visit to the company's Austin Gigafactory and experiences with the latest Tesla models, including the Cybertruck and the Highland Model 3. The firm's analysts left with a positive outlook on Tesla's multi-year story of manufacturing innovation, efficiency, and scale. They adjusted their model to account for lower demand projections for 2024-2026, with expectations set for a turnaround with the introduction of the "Model 2" in 2026/2027.

Evercore ISI highlighted what they referred to... More

Just in: Deutsche Bank expects Tesla to miss estimates 'by a wide margin'

March 11, 2024 9:28 AM EDT

Deutsche Bank analysts expect Tesla's (NASDAQ: TSLA) first-quarter deliveries and earnings to miss current Street expectations by a wide margin, the bank said in a note Monday.

Furthermore, they continue to see material downside risk to the full-year 2024 consensus due to limited volume growth and pressure on profitability from price cuts. Deutsche Bank has... More