Tesla (NASDAQ: TSLA) was labeled a “growth company with no growth” by Wells Fargo analyst Colin Langan, who said in a note to investors on Wednesday that he expects a leveling off of sales in 2024 and a drop in 2025. Tesla stock has felt some pressure over the past two years, but as the […]
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Tesla stock (NASDAQ: TSLA) has been subject to negative sentiments that are “overdone,” according to Wedbush analyst Dan Ives. Ives also believes Tesla can achieve a base delivery goal of 2.1 million units this year, with a “stretch” estimation of 2.2 million cars being delivered. The final three quarters of the year will have to […]
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Delaware Chancery Court Chief Judge Kathaleen St. J. McCormick has reportedly admitted that she has received “many communications” from Tesla investors about her decision to rescind CEO Elon Musk’s 2018 pay package and the request of the lawyers who won the case to be paid over $5 billion in TSLA stock. The Judge, however, has […]
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Is the law firm behind the legal complaint that ultimately rescinded Elon Musk’s 2018 pay package looking to get overpaid? A growing number of Tesla shareholders say so. This is highlighted in a grassroots effort from Tesla stockholders who are currently using their voices to ask Delaware Judge Kathaleen McCormick to deny the request of […]
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Tesla’s (NASDAQ: TSLA) price target was cut by Morgan Stanley, a firm that has had a bullish outlook on the automaker’s stock for several years. In a new note to investors released this morning, Morgan Stanley analyst Adam Jonas reduced the firm’s price target to $320 from $345, with the main thesis of the writing […]
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Tesla stock (NASDAQ: TSLA) was the most crowded large capitalization security in terms of being shorted, according to Hazeltree’s analysis of short-sided stocks for January. Tesla has long had a reputation for being a popular stock to short. Shorting a stock means that a seller borrows shares, usually from a broker-dealer, hoping to buy them […]
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Tesla (NASDAQ: TSLA) price targets were dropped by several firms due to varying reasons, but some feel like a reach. It is no secret Tesla stock has been beaten and battered so far this year. As of February 6, shares are down over 25 percent, and the slide truly started to get intense after the […]
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Thousands of retail Tesla (NASDAQ:TSLA) investors have banded together to express their support of CEO Elon Musk’s and his 2018 compensation plan, which was rescinded by a Delaware judge last week. The judge’s decision, which concluded a legal complaint started by a thrash metal drummer with nine Tesla shares, was met with polarizing reactions. The […]
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Tesla (NASDAQ:TSLA) bull and Wedbush Securities Senior Equity Research Analyst Dan Ives has weighed in on the Delaware Court decision that rescinds Elon Musk’s 2018 compensation plan, which was approved by about 80% of TSLA shareholders at the time. A legal complaint against Musk’s pay package was filed in 2018 by Richard Tornetta, a thrash […]
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Tesla detailed its capital expenditure plans for 2024 and beyond in a 10-K it released this morning. Tesla has routinely revealed an increase in planned capital expenditures over the past few years, and 2024 seems to be no different. In a 10-K, which was released by Tesla this morning, it expects to spend at least […]
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