Tesla

JPMorgan Chase: Lowered Tesla’s price target to $125 and maintained its underweight rating

JPMorgan analyst Ryan Brinkman will cut Tesla’s price target to $125 from $150 and maintain an underweight rating on the stock. The analyst lowered his expectations after Tesla reported fourth-quarter deliveries slightly above his model, arguing that new car deliveries appear to come at the cost of higher incentives, suggesting lower pricing and profit margins. In addition, the analyst told investors in a research note that fourth-quarter deliveries fell short of consensus expectations, dragged down by lower pricing, and consensus expectations for fourth-quarter earnings of $1.19 per share could be revised downward. He expects the stock’s multiples to shrink further as the company’s growth expectations slow.

JPMorgan Chase: Lowered Tesla’s price target to $125 and maintained its underweight rating Read Post »

Tesla’s new model was unveiled at the Guangzhou Auto Show and is expected to be delivered in the first half of 2023

On December 30, the 2022 Guangzhou International Auto Show opened, and Tesla unveiled its new models Model S Plaid and Model X Plaid. At the event, Tesla announced that the new models Model S Plaid and Model X Plaid will be officially announced on January 6, 2023, and delivery will begin in the first half of 2023.

Tesla’s new model was unveiled at the Guangzhou Auto Show and is expected to be delivered in the first half of 2023 Read Post »

Tesla (Nasdaq:TSLA) stock Price target Trend Forecast and trading range Analysis-2022.12.30

Tesla, Inc. (Nasdaq: TSLA)  stock Price target Trend Forecast and trading range Analysis: 2022.12.30 From the stock price chart analysis,  its support is $108,its resistance is $165.there is a well-established trading range between $108 and 140$,the stop-loss price is $106,the price target is $140,If the stock price bounces above $108, you can buy again,The trading strategy can be to sell high and buy low or to hold the shares until the share price reaches above the target price.if the stock price moves into below $108,next its resistance is $100 and its price maybe move into between $80 and $100.Hold stocks with a falling stock price trend cautiously. From Analysis from financial statements, Q3 2022 achieved revenue of US$21.454 billion, YoY+55.95%, net profit  of US$3.292 billion, YoY +103.46%, and EPS of US$0.95. R&D expenses were US$667 million, YoY+15.8%. Faced with demand worries and rising interest rates,405,278 deliveries and 439,701 production in

Tesla (Nasdaq:TSLA) stock Price target Trend Forecast and trading range Analysis-2022.12.30 Read Post »

Tesla (NASDAQ:TSLA) price target lowered to $205 from $235 at Goldman Sachs

Goldman Sachs analyst Mark Delaney lowered the firm’s price target on Tesla (NASDAQ:TSLA) to $205 from $235 and keeps a Buy rating on the shares after the company delivered about 405,000 vehicles and produced about 440,000 vehicles in Q4, missing consensus. The analyst considers the Q4 delivery report to be “an incremental negative,” although he continues to see Tesla as well positioned for long-term growth given its position as a cost and full solution leader in clean mobility/EVs.

Tesla (NASDAQ:TSLA) price target lowered to $205 from $235 at Goldman Sachs Read Post »

Tesla reports 405,278 deliveries in Q4 2022

Total deliveries Q4 2022: 405,278,up 31% from the same period a year before. Total production Q4 2022: 439,701 Total annual deliveries 2022: 1.31 million Total annual production 2022: 1.37 million These numbers represented a new record for the Elon Musk-led automaker and growth of 40% in deliveries year-over-year. According to a consensus of analysts’ estimates compiled by FactSet, as of Dec. 31, 2022 Wall Street was expecting Tesla to report deliveries around 427,000 for the final quarter of the year. Estimates updated in December, and included in the FactSet consensus, ranged from 409,000 to 433,000.

Tesla reports 405,278 deliveries in Q4 2022 Read Post »

Tesla Q4 is still expected to achieve record deliveries

Expect $Tesla (TSLA. US)$ will announce record quarterly deliveries in early January, but the company is grappling with inflation, rising interest rates, falling production and concerns about weak demand that may still struggle to keep investors happy. To clear inventory, Tesla is offering a rare $7,500 discount to U.S. customers who buy a Model 3 or Model Y, as well as 10,000 miles of free supercharging. Delivery volumes are one of the most closely watched indicators for investors, who are eager to see if Tesla can maintain its rapid growth. According to 16 analysts, global sales could reach 420,760 units in the fourth quarter, a forecast figure (excluding some recent analysts’ forecasts) that exceeded the record 343,830 vehicle deliveries in the third quarter. Robert W. Baird analyst Ben Kallo lowered his forecasts for fourth-quarter and 2023 deliveries to account for slowing production and a weaker macro environment. Kallo has an

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Tesla (NASDAQ:TSLA) price target Lowered to $250 at Morgan Stanley

Morgan Stanley analyst Adam Jonas lowered Tesla’s (NASDAQ:TSLA) price target to $250 from $330, maintaining an “overweight” rating. Considering the steep discount on electric vehicle prices, Jonas attributed the $43 price target reduction to the core automotive business. The analyst also attributed the $12 price target cut to the autonomous driving business and the $25 price target to the network services business.

Tesla (NASDAQ:TSLA) price target Lowered to $250 at Morgan Stanley Read Post »

Tesla is likely to announce fourth-quarter deliveries on January 3, with an expected delivery of about 425,000

Tesla (NASDAQ:TSLA) will announce deliveries for the fourth quarter in a few days. Wall Street expects Tesla to deliver about 425,000 vehicles in the fourth quarter. Tesla usually announces deliveries on the second day of the new quarter, with the next quarter starting Jan. 2. In addition, Wall Street expects Tesla to deliver approximately 445,000 units in the first quarter of 2023 and 1.9 million units for the full year, up from 1.3 million units expected for the full year in 2022.

Tesla is likely to announce fourth-quarter deliveries on January 3, with an expected delivery of about 425,000 Read Post »

Tesla’s used car price bubble burst, down 17% from July peak

Tesla (NASDAQ:TSLA) used car prices have fallen faster than other automakers. According to Edmunds, the average sale price of a Tesla used car in November was about $55,800, down 17% from the peak of $67,300 in July. The average price of the used car market as a whole fell by 4% during this period. The average inventory time of used Teslas in dealers in November was 50 days, while the average inventory time of used cars of all brands was 38 days.

Tesla’s used car price bubble burst, down 17% from July peak Read Post »

Tesla Wireless Charging Mat opens pre-sale: Apple has developed a similar product

Tesla has launched a $300 “wireless charging platform” that can charge up to 3 devices at the same time. According to Tesla’s official website, this charging pad has started pre-sale and will be shipped in February 2023. In addition, in 2019, Apple once canceled a similar product called AirPower because that product failed to meet Apple’s standards.

Tesla Wireless Charging Mat opens pre-sale: Apple has developed a similar product Read Post »

Tesla (NASDAQ:TSLA) Stock Price Trend Forecast and Market Analysis-2022.12.27

Tesla, Inc. (Nasdaq: TSLA)  stock Price Trend Forecast and Market Analysis: 2022.12.27 From the stock chart analysis, The previous I predicted that the stock price will break through the lower $166 again after the short-term rebound, approaching the $120-$140 line, today’s stock price hit a new low, there is no support below, it is recommended to focus on the buying power of $100. There has been too much negative news recently, and the medium and long term is under pressure. Although the stock price has fallen sharply recently, the opportunity to make a profit from the bottom is small, it is not recommended to hold, only recommend trading on the right, and I myself liquidated at $122.4. The medium to long term buying price is recommended to be $60-$80. From a fundamental point of view, Q3 2022 achieved operating income of US$21.454 billion, YoY +55.95%, net profit attributable to common

Tesla (NASDAQ:TSLA) Stock Price Trend Forecast and Market Analysis-2022.12.27 Read Post »

Tesla’s Texas Gigafactory brings in KUKA robots in preparation for Cybertruck production

According to Electrek, 66 KUKA robots have arrived in Houston. Relevant people said that Tesla (TSLA. O) All vehicle production lines have KUKA robots, and it is expected that the new batch will be used in the Cybertruck production line, which also means that Tesla may have begun to build the Cybertruck production line.

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