TSLA | 10 May 2024 | AI Stock Analysis & News

Tesla Inc. faces uncertainty with a lower-cost car project, impacting its stock price.

Stock AI’s forecasts:
🔴 -5.4% short-term ⬇️
🟢 +1.9% 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 is still focused on a lower-cost car, but UBS thinks many aspects are “still in flux.”
🔴 Tesla’s internship offer withdrawals leave students scrambling for alternatives.
🟢 Elon Musk invites Warren Buffett to invest in Tesla, leading to a surge in stock price.
🔴 Tesla shares end down over 6% after rumors of scrapped low-cost EV project.
🟢 Tesla’s stock price rises after Deutsche Bank raises price target to $136.00.
🔴 Tesla’s target price cut by Truist Financial from $176.00 to $162.00.

Tesla Inc. (TSLA) has been in the spotlight with various news affecting its stock price. The company’s focus on a lower-cost car, despite uncertainties highlighted by UBS, has prompted some concerns among investors. Additionally, the recent internship offer withdrawals have led to a negative sentiment in the market.

However, the positive news of Elon Musk inviting Warren Buffett to invest in Tesla resulted in a surge in the stock price, showing the impact of influential figures on market sentiment. On the other hand, rumors of a scrapped low-cost EV project caused Tesla’s shares to decline significantly.

Despite the mixed news, analysts’ price target adjustments, such as Deutsche Bank raising the target to $136.00 and Truist Financial cutting it to $162.00, have further added to the volatility in Tesla’s stock price. Investors are closely monitoring these developments to gauge the future trajectory of TSLA shares in the market.

TSLA-Tesla, Inc. Analyst Ratings

Here is the blog post section regarding analyst ratings for Tesla, Inc. stock:

📉 Deutsche Bank Aktiengesellschaft downgraded their rating on Tesla (NASDAQ:TSLA) stock from Buy to Hold on Thursday, with a price target of $123.00.

📉 Evercore ISI lowered their price target on Tesla (NASDAQ:TSLA) stock from $155.00 to $145.00 in a research note issued on Monday.

📉 The Goldman Sachs Group decreased their target price for Tesla (NASDAQ:TSLA) stock from $190.00 to $175.00 in a report published on Tuesday.

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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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