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.
Sources:
– ETF Daily News
– ETF Daily News
– ETF Daily News
– MarketWatch
– Investing.com
Disclaimer
Investors may consider the AI predictions and news summaries as one factor in their investment decisions alongside their own research and risk tolerance.
Ready to analyze your own portfolio?
Get the same AI-powered insights for any stock you choose. It's easy!
