Morgan Stanley’s Adam Jonas is the latest analyst to raise some concerns with Tesla (TSLA). In a note to clients, Jonas wondered, “Could Tesla lose money (sometime) this year?” In cutting his price target to $320 from $345 (still one of the more bullish targets on the Street), Jonas noted concerns such as continued lag in EV demand despite price cuts, fleet operators like Hertz dumping EVs, and “strong hybrid momentum” peeling away potential EV buyers who are on the fence. Jonas said… Source link
Read More »Tesla CEO Elon Musk needs to shut up, but not step down: Investor
Shares of Tesla (TSLA) are down over 25% since the start of 2024 amidst declining EV delivery growth. Analysts at Daiwa Capital Markets downgraded Tesla stock to Neutral from Outperform with a price target of $195, down from $245 due to mounting issues with Tesla CEO Elon Musk. Gerber Kawasaki Wealth & Investment Management CEO Ross Gerber — a Tesla investor himself — joins Yahoo Finance to discuss Tesla’s performance and how he feels about Musk’s position as CEO. “The cost of Elon’s… Source link
Read More »Tesla stock drops on Q4 earnings miss, warns production growth rate will be ‘notably lower’ than 2023
Tesla (TSLA) reported Q4 earnings that missed estimates and issued a downbeat full-year production outlook that weighed on the stock, though CEO Elon Musk did confirm that the company’s next-gen vehicle will be coming in the second half of 2025. For the fourth quarter, Tesla reported top-line revenue of $25.17 billion vs. $25.87 billion (est.), however revenue rose approximately 3% from a year ago. From a profitability standpoint, Tesla reported adjusted EPS of $0.71 vs $0.73 (est.) and… Source link
Read More »Tesla, BlackRock, gold prices: Trending tickers
Tesla (TSLA) shares closed lower following a Reuters report that the company is shutting down most production at its Berlin factory due disruptions in the Red Sea. BlackRock (BLK) is buying Global Infrastructure Partners in a $12.5 billion deal. It comes on the same day the asset management firm reported fourth quarter earnings that topped Wall Street estimates. the firm now as $10 trillion in assets under management. Gold (GC=F) prices rose thanks to investors seeking safety as tensions in… Source link
Read More »Cathie Wood talks Tesla, Elon Musk, & spot bitcoin ETF approval – Yahoo Finance
[unable to retrieve full-text content]Cathie Wood talks Tesla, Elon Musk, & spot bitcoin ETF approval Yahoo Finance Source link
Read More »Bitcoin rises, Tesla tumbles, Tapestry earnings: Top movers – Yahoo Finance
[unable to retrieve full-text content]Bitcoin rises, Tesla tumbles, Tapestry earnings: Top movers Yahoo Finance Source link
Read More »Elon Musk's dad says he's worried the Tesla CEO might be assassinated following a report about his influence on government decisions – Yahoo! Voices
[unable to retrieve full-text content]Elon Musk’s dad says he’s worried the Tesla CEO might be assassinated following a report about his influence on government decisions Yahoo! Voices Source link
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