Tesla Cybertruck cancelation ‘would probably be positive’ for stock: analyst

An analyst is urging Tesla (NASDAQ: TSLA) to cancel the upcoming Cybertruck as they believe it “would probably be positive for shares.” In a new note to investors, Jefferies analyst Philippe Houchois said that the Cybertruck has already cost Tesla a year of growth, speaking about 2024, and believes the automaker would be better off […]

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Tesla Full Self-Driving presents billions in growth by 2030, firm says

Tesla’s Full Self-Driving suite could potentially be worth billions of dollars a year in revenue by the end of the decade. That’s what Mark Delaney of Goldman said in a note to investors, as the analyst put his own synopsis of what the FSD suite could achieve for shareholders moving forward. Tesla stock (NASDAQ: TSLA) […]

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Tesla’s potential leadership in AI acknowledged by Goldman Sachs

Tesla (NASDAQ:TSLA) has received a reiterated “Neutral” rating and a 12-month price target of $235 per share from Goldman Sachs analysts. The update comes amidst the EV maker’s continued efforts to develop its AI and Full Self-Driving programs.  As per the Goldman analysts, Tesla’s $235 price target reflects the company’s future potential for growth in […]

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Tesla mega-bull Ron Baron has an aggressive timeline for $25k EV

Tesla mega bull Ron Baron has an aggressive timeline for the company’s plans for a $25,000 electric vehicle. Ron Baron has been one of Tesla’s biggest investors and is one of Elon Musk’s most outspoken believers and supporters. Last week, we detailed his comments on his portfolio’s growth due to Tesla stock and his outlook […]

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Tesla investor who made billions on stock says SpaceX will be bigger

A Tesla investor whose firm has made billions on the automaker’s stock says SpaceX, Elon Musk’s space exploration company, is the next stock to grow thousands of percent and could quite possibly be even bigger than the EV company in terms of valuation. Ron Baron has made, at the peak of Tesla’s surge on Wall […]

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Elon Musk’s net worth sinks $41 billion amid TSLA volatility

The recent dip in Tesla (NASDAQ:TSLA) shares has resulted in CEO Elon Musk’s net worth being adversely affected. Tesla shares ended Monday down 4.79% at $197.36 per share.  Tesla closed at $207.30 per share on the previous trading day. Considering that Elon Musk held about 715 million shares and vested options, the drop suggested that […]

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Tesla Q3 Earnings tempers analysts outlook as price targets lower

Tesla (NASDAQ: TSLA) Earnings tempered analyst outlooks on the electric automaker’s stock as one firm referred to the call as a “mini disaster,” and another questioned whether shares could be looked at from a growth perspective as CEO Elon Musk advised investors that the company would take a cautious attitude toward the future with uncertain […]

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LIVE BLOG: Tesla (TSLA) Q3 2023 earnings call

Tesla’s (NASDAQ:TSLA) Q3 2023 earnings call comes on the heels of the company’s Q3 2023 Update Letter. Tesla remained profitable in Q3, despite a decrease in delivery and production, as well as a reduction in the company’s average selling price. Still, Tesla posted revenues of $23.35 billion and a 7.6% operating margin in Q3 2023.  Tesla […]

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Tesla (TSLA) Q3 2023 earnings results: $23.5B in revenue and 17.9% gross margin

Tesla (NASDAQ:TSLA) posted its Q3 2023 earnings report after markets closed today. The results, which were discussed in the Q3 2023 Update Letter, were released after the closing bell on Wednesday, October 18, 2023. Tesla’s earnings come on the heels of a quarter that saw a decline in production and deliveries, thanks in part to […]

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Tesla (TSLA) Q3 2023 earnings: What analysts expect

Tesla (NASDAQ:TSLA) is expected to hold its Q3 2023 earnings call this Wednesday, October 18, 2023. Analysts are looking to secure updates regarding the company’s margins, as well as ongoing projects such as the Cybertruck and Gigafactory Mexico.  Tesla delivered a total of 435,059 vehicles and produced 430,488 cars in Q3 2023. The numbers represented […]

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