Tesla’s stock price fell after fresh price cuts in China and the U.S.
Stock AI’s forecasts:
🟢 +7.2% short-term ⬆️
🔴 -4.6% long-term ⬇️
Stock AI’s (TSLA) Forecast get (+21.7% Profit)
StockAI’s analysis delivers real-world results. On 11 March 2024, $TSLA ($179.1), StockAI predicted a long-term 🔴 sell signal. It was accurate: 1 month later price dropped to $140.2 (🔴-21.7%). Selling TSLA on this signal yielded a +21.7% profit 💰💰.
TSLA-Tesla, Inc. News
🔴 **Tesla says it’s still focused on a lower-cost car, but UBS thinks many aspects are “still in flux.”** Expectations of uncertainty may lead to a decrease in stock price.
🟢 **Tesla Inc. is set to report first-quarter financial results on April 23.** Positive anticipation may lead to a potential increase in stock price.
🔴 **Rumors of a scrapped low-cost EV project caused Tesla’s stock to drop over 6% last week.** Negative sentiment may lead to a further decrease in stock price.
🟢 **Tesla rebounded 1.86% in premarket trading on Monday.** Positive momentum may lead to a potential increase in stock price.
🔴 **Tesla’s stock price fell 2.4% after a recent downgrade by Deutsche Bank Aktiengesellschaft.** Negative sentiment may lead to a further decrease in stock price.
🟢 **Tesla’s stock had its “overweight” rating reissued by Piper Sandler.** Positive sentiment may lead to a potential increase in stock price.
Tesla Inc. (TSLA) has been experiencing a mix of positive and negative news in recent times, causing fluctuations in its stock price. The company’s focus on a lower-cost car and upcoming first-quarter financial results have generated both positive and negative sentiments among investors. However, rumors of a scrapped low-cost EV project and a recent downgrade by Deutsche Bank Aktiengesellschaft have led to some uncertainty and a decline in stock price. Despite these challenges, reissuing an “overweight” rating by Piper Sandler has provided some positive momentum. As investors navigate through these developments, it is essential to closely monitor Tesla’s stock performance to make informed decisions.
TSLA-Tesla, Inc. Analyst Ratings
📉 Barclays lowered their price target on Tesla (NASDAQ:TSLA) from $225.00 to $180.00.
📈 Bank of America upgraded Tesla (NASDAQ:TSLA) stock from a “neutral” rating to a “buy” rating.
📉 Deutsche Bank Aktiengesellschaft downgraded Tesla (NASDAQ:TSLA) from a “buy” rating to a “hold” rating.
Sources:
1. Barclays
2. Bank of America
3. Deutsche Bank Aktiengesellschaft
Disclaimer
Investors may consider the AI predictions and news summaries as one factor in their investment decisions alongside their own research and risk tolerance.
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