Tesla Overpromises and Underdelivers (Again)
The Motley Fool· 2024-07-13 21:36
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...
Tesla's massive EV market share was never sustainable
Business Insider· 2024-07-13 19:59
By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewTesla's dominance in the EV market is slipping, but it's not time for CEO Elon Musk to panic just yet.Tesla ...
Tesla Walked So These 3 EV Stocks Could Fly
Investor Place· 2024-07-13 18:03
The electric vehicle (EV) market has been one of the most dynamic new markets in a while. American EV maker Tesla (NASDAQ:TSLA) is not only a major player in the EV space but helped to pioneer it as well. The Model S, which Tesla released way back in 2012, paved the way for the key aesthetics of a modern electric vehicle. Moreover, in the United States, for example, Tesla built up the charging infrastructure needed for EVs traveling long distances.Since then, a number of capable EV companies have entered th ...
Tesla's Resurgence Is Great News for These 3 Growth Stocks
The Motley Fool· 2024-07-13 15:05
Improving delivery data from Elon Musk's company suggests the worst may be over for the EV market.With Tesla stock up nearly 40% over the last month and the company releasing better-than-expected car-delivery data in the second quarter, it's time to start thinking that the bottom might be in for the electric vehicle (EV) market. If so, then investors should take a look at stocks like lithium miner Albemarle (ALB -0.08%), machine vision company Cognex (CGNX 0.69%), and ON Semiconductor (ON 3.54%) because the ...
Not Just Tesla: These Car Stocks Speed To 2024 Highs
Forbes· 2024-07-13 04:06
ToplineFord’s rally to 2024 highs led Friday’s resurgence among American automaker stocks, as several friendly factors boosted the legacy automakers and newer electric vehicle players like Tesla alike.Friday was a good day for American car stocks.Getty Images Key FactsFord stock rose 4.2% to $14.03, closing at its highest share price since July 20, 2023, while General Motors gained 2.3% to $49.01, closing at its top level since Feb. 16, 2022. The Michigan-based stalwarts’ stock market gains were part of a ...
Citi Just Raised Its Price Target on Tesla (TSLA) Stock
Investor Place· 2024-07-13 03:54
Following a rough session on Thursday, Tesla (NASDAQ:TSLA) is on track to enter the weekend on a high note. TSLA stock moved up almost 4% in late Friday trading, buoyed by Citi’s price target boost. That said, sustained growth in the electric vehicle manufacturer may require significant catalysts.Earlier today, Citi lifted its price target of TSLA stock to $274. Previously, analysts there published a per-share price target of $182. However, the experts maintained a “neutral” rating on the equity. Per Invest ...
Tesla Stock Alert: UBS Just Issued a Valuation Warning on TSLA Shares
Investor Place· 2024-07-13 03:03
UBS analyst Joseph Spak has raised his Tesla (NASDAQ:TSLA) stock price target to $197 from $147. The new price target is based on a P/E multiple of 55x for the next twelve months, up from 45x.At the same time, he also lowered his rating to “sell” from “neutral,” citing valuation concerns. While Tesla has always commanded a premium valuation in light of future growth opportunities, Spak believes that the current valuation is stretched.“After going through the different businesses we can more substantially va ...
Tesla, Rivian Stocks Driven Higher by Analysts' Optimism
Investopedia· 2024-07-13 02:20
文章核心观点 1) 电动汽车制造商股价在周五盘中交易中上涨 [2][3][4] 2) 分析师上调了特斯拉和Rivian的目标价格 [5][11] 3) 特斯拉、Rivian和Lucid最近公布了强劲的二季度交付数据 [2][12][15] 4) 但特斯拉股票也遭到了瑞银的下调评级 [7][8][9][10] 行业总结 1) 电动汽车行业整体表现良好,主要车企二季度交付数据超预期 [2][12][15] 2) 分析师对特斯拉和Rivian的未来前景持谨慎乐观态度,上调了目标价格 [5][11][14] 3) 但也有分析师认为特斯拉的估值过高,存在下行风险 [7][8][9][10] 4) 整体来看,电动车行业发展势头良好,但仍存在一些不确定因素 [6][13] 公司总结 1) 特斯拉二季度交付数据好于预期,但股价遭到下调评级 [2][7][8][9][10] 2) Rivian二季度交付数量增长9%,但全年增长预期较低 [12][13] 3) Lucid二季度交付量同比增长约70%,股价近期大涨 [15]
Has Tesla's Highly Anticipated Robotaxi Event Been Delayed? It's Not Clear.
The Motley Fool· 2024-07-13 01:21
Tesla's Robotaxi event was scheduled for Aug. 8, but a report by Bloomberg suggests that it has been delayed.The markets have been roaring as of late. Both the Nasdaq Composite and S&P 500 indexes are trading near all-time highs as investor optimism continues to soar.One stock that has enjoyed some new life is Tesla (TSLA 3.52%). From Jan. 1 to June 30, Tesla stock posted a decline of 20%. However, from July 1 through July 10, shares of Tesla soared by 25%.This is a pretty dramatic swing in an otherwise sho ...
Tesla Bulls, Bear Weigh In On Robotaxi Delay: 'Very Odd' Or Biding Time For 'Eye-Popping' Prototype?
Benzinga· 2024-07-12 23:19
Loading...Loading...Reports of a potential delay in Tesla, Inc.’s TSLA robotaxi unveil punctured the shares on Thursday. Several analysts addressed the ramifications of such an eventuality.Johnson’s Take: Tesla bear Gordon Johnson of GLJ Research sensed a far more severe issue than a two-month delay. “If $TSLA is willing to put a man/woman in a leotard for the original unveiling of the Optimus Robot….& pillow sheets over cars that ‘are coming’ at Battery Day/AI Day, why wouldn’t they use a CNC machine to pu ...