Tesla Motors (TSLA) reported its Q4 2024 earnings, revealing a mixed performance that led BofA Global Research to maintain a "Neutral" rating with a price objective of $490. The results were bolstered by a $600 million gain from Bitcoin investments, but gross margins fell short at 16.3% compared to BofA's estimate of 18.8%, due to lower average selling prices and increased incentives. The report highlights
Tesla's shares are experiencing an upswing following the company's announcement of plans to initiate robotaxi operations and its optimistic forecast for a sales recovery in 2025. The electric vehicle giant's strategic move into the autonomous vehicle market is seen as a significant step forward, potentially opening new revenue streams and enhancing its competitive edge. The anticipation of a sales rebound t
Wedbush has maintained its "Outperform" rating on Tesla (TSLA) with a 12-month price target of $550, citing the company's robust autonomous and AI strategy as a key growth driver. Despite Tesla's FY4Q24 results falling short of expectations, the reaffirmation of its next-generation vehicle platform and the accelerated timeline for launching unsupervised full self-driving (FSD) in Austin by June 2025 are see
Tesla's shares are experiencing an upswing following the company's announcement of plans to launch a robotaxi service and a forecasted recovery in sales for the year. CEO Elon Musk revealed that Tesla intends to roll out a paid service for self-driving vehicles by June, marking a significant step in the company's long-standing ambition to lead in autonomous vehicle technology. Despite a challenging year wit
Tesla's stock experienced a notable rebound in after-hours trading on January 29th, despite the company missing Wall Street's earnings estimates for the fourth quarter of 2024. The initial drop in share price was attributed to weaker-than-expected sales and revenue figures, with Tesla reporting $25.7 billion in revenue, falling short of the anticipated $27.26 billion. The company's net income of $2.5 billio
Wedbush analysts highlight the evolving dynamics surrounding TikTok's potential sale, with Elon Musk and Larry Ellison emerging as key figures in the bidding process. The Trump administration's recent green light for a deal has intensified interest, with ByteDance reportedly open to a joint venture or outright sale, excluding its proprietary algorithm. Analysts suggest a potential $40-$50 billion valuation
Wedbush has raised its price target for Tesla (TSLA) from $515 to $550, maintaining an "Outperform" rating, driven by optimism around the company's autonomous and AI initiatives under the Trump Administration. The report highlights a potential $1 trillion valuation for Tesla's AI and autonomous opportunities, with expectations that regulatory hurdles will diminish, accelerating Tesla's autonomous vehicle ti
Tesla shares surged on January 15th, driven by a better-than-expected Consumer Price Index (CPI) reading that sparked a broad market rally. The CPI report showed core inflation easing to 3.2% in December, slightly below the anticipated 3.3%, which fueled optimism for a more dovish Federal Reserve policy in 2025. This moderation in inflation led to a sharp decline in Treasury yields, enhancing the appeal of
Wedbush analysts explore the potential acquisition of TikTok's US operations by Elon Musk's X platform, amid a looming Supreme Court decision on a TikTok ban set for January 19th. The report suggests that ByteDance might consider selling the US operations, excluding its algorithm, for $40-$50 billion. This move could significantly boost the value of Musk's X platform, possibly involving outside investments.
Tesla's stock received a boost on January 13th following Morgan Stanley's decision to raise its price target for the electric vehicle giant from $400 to $430. The financial services firm cited Tesla's advancements in autonomous driving and artificial intelligence as key factors for the revised valuation. Morgan Stanley analysts, led by Adam Jonas, highlighted the potential of Tesla's autonomous vehicle busi
BofA Global Research has downgraded Tesla (TSLA) from "Buy" to "Neutral," citing valuation concerns and execution risks, despite raising the price objective to $490 from $400. The report highlights that Tesla's current trading levels already reflect much of its long-term potential, particularly in its core automotive, robotaxi, and energy sectors. The robotaxi segment, expected to launch in 2025, is a signi
Tesla's stock is experiencing pressure due to a combination of regulatory scrutiny and a downgrade from Bank of America (BofA). The National Highway Traffic Safety Administration (NHTSA) has initiated an investigation into Tesla's Smart Summon and Actually Smart Summon (ASS) features, which allow vehicles to be moved remotely via a smartphone app. The investigation follows complaints about the features' fai
Tesla (TSLA) has been rated "Outperform" by Wedbush, maintaining a 12-month price target of $515, despite reporting Q4 deliveries of 495.6k vehicles, which fell short of the Street's 504.8k estimate. This marks the first annual decline in delivery volumes in Tesla's history. The focus now shifts to 2025, where Tesla aims for 20%-30% delivery growth, bolstered by the anticipated launch of a lower-priced EV.
Tesla's stock is experiencing a decline in after-hours trading, primarily due to concerns surrounding CEO Elon Musk's involvement with the Trump administration. Musk's new role in the "Department of Government Efficiency" has raised eyebrows, with a Quinnipiac poll indicating that 53% of U.S. voters disapprove of his prominent position. This political development has added to the uncertainty surrounding Tes
Tesla's stock experienced a significant decline after the Federal Reserve's latest interest rate outlook dampened investor sentiment. The Fed's decision to cut rates by 25 basis points was anticipated, but the revised forecast for fewer rate cuts next year and higher projected inflation caught investors off guard. This shift in monetary policy expectations led to a broad sell-off in rate-sensitive sectors,
Tesla's stock is experiencing a decline today, driven by a combination of factors that have raised investor concerns. Notably, there are growing apprehensions about potential policy shifts under the Trump transition team, which could impact support for electric vehicles, including Tesla. This uncertainty is compounded by regulatory scrutiny over SpaceX, led by Elon Musk, which has raised questions about Mus
Tesla's stock is experiencing a decline today, influenced by several factors. Concerns have emerged regarding CEO Elon Musk's interactions with Russia, as highlighted by the U.S. Air Force Secretary, which may be unsettling investors. Additionally, the recent resignation of Song Gang, the manager of Tesla's Shanghai plant, has added to the uncertainty. This departure coincides with a stalled expansion plan
Tesla's stock is experiencing downward pressure following a downgrade from Punto Casa de Bolsa, which cut its rating to "sell" and set a price target of $364.44. This move reflects a significant bearish sentiment from the brokerage, which cited concerns over Tesla's valuation and potential headwinds in the electric vehicle market. The downgrade comes amid broader market uncertainties and competitive pressur
Tesla's stock is experiencing downward pressure in pre-market trading on December 18, 2024, with no specific news events clearly driving the movement. However, there are several factors that could be influencing investor sentiment. Notably, the departure of Song Gang, the head of Tesla's Shanghai factory, is set to occur this week. Song played a crucial role in the construction and operation of Tesla's firs
Tesla, Inc. (TSLA) saw a significant rise in its stock price on December 17, 2024, closing at $479.86, up 3.64% from the previous close of $463.02. The stock opened at $476.12 and reached an intraday high of $483.99, driven by a notable upgrade from Mizuho Securities, which raised its rating to "outperform" and increased the price target to $515. This upgrade was based on expectations of a favorable regulat