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Tesla's Path To $424 By Year-End
Seeking Alpha· 2024-12-11 17:04
Since our last coverage , Tesla, Inc. (NASDAQ: TSLA ) has appreciated approximately 44%, propelled by optimism over Donald Trump’s re-election. Anticipation of business-friendly policies, probable rollbacks on EV tax credit caps, and strong links with the administration by CEOYiannis Zourmpanos, founder of Yiazou IQ, an AI-driven stock research platform providing all-in-one stock reports. Experience: Previously worked at Deloitte and KPMG in external/internal auditing and consulting. Education: Chartered Ce ...
Tesla's Comeback Fuels ETF Opportunities for 2025
ZACKS· 2024-12-11 17:01
Tesla (TSLA) has made a solid comeback in recent months and has been on a powerful rally, especially after Trump's election victory. After reclaiming the trillion-dollar market cap last month, shares of the electric vehicle maker spiked to a three-year high and are approaching their historic peak of $410. The gains came on the back of a bullish report from Morgan Stanley, which reiterated an Overweight rating and raised the price target on Tesla from $310 to $400. Investors should bet on ETFs with the large ...
Robotaxi Face-Off: It's Waymo Vs. Tesla After General Motors' Exit
ZACKS· 2024-12-11 16:25
U.S. legacy automaker General Motors (GM) has announced its exit from the robotaxi business, marking the end of its Cruise division’s ambitious plans to compete in the self-driving ride-hailing market. After investing over $10 billion into Cruise since its acquisition in 2016, GM cited several reasons for pulling the plug, including intense competition, high capital demands, and extended timelines to profitability.The automaker will now shift its focus toward integrating autonomous driving technology into p ...
TSLA & BYDDY Vie for EV Supremacy: Which Stock is Worth Buying Now?
ZACKS· 2024-12-05 15:05
U.S.-based Tesla (TSLA) and China’s BYD Co Ltd (BYDDY) are at the forefront of the electric vehicle (EV) market, locked in a fierce battle for dominance. In the fourth quarter of 2023, BYD dethroned Tesla in global EV sales for the first and only time, with a record-breaking 526,409 EVs sold, surpassing Tesla's 484,507. Since then, the rivalry between these EV titans has intensified. Although Tesla retained its title as the top EV seller for 2023 with 1.8 million deliveries, 2024 is shaping up to be a tight ...
Analyst revises Tesla (TSLA) stock price target
Finbold· 2024-12-05 12:59
Tesla’s (NASDAQ: TSLA) stock price has received a 14% upside revision based on the company’s anticipated Optimus robot capabilities.By press time, Tesla was trading at $356, ending the last trading session up 1.8%. The equity has surged 44% so far in 2024.TSLA one-week stock price chart. Source: FinboldMost of the year-to-date gains are attributed to the post-election rally, fueled by CEO Elon Musk’s close ties to President-elect Donald Trump, but the stock has faced rejection at $400. Analyst predicts Tesl ...
Tesla Poised to Hit Record Highs This Holiday Season
MarketBeat· 2024-12-04 16:56
Tesla TodayTSLATesla$352.57 +1.15 (+0.33%) 52-Week Range$138.80▼$361.93P/E Ratio96.59Price Target$243.75Add to WatchlistShares of Tesla Inc NASDAQ: TSLA have been having a phenomenal second half of 2024. The electric vehicle (EV) stock is up an impressive 150% since April, putting it at its highest levels since 2022. Now, with shares less than 20% away from a record high, it’s easy to see why so many investors are feeling bullish, especially when you consider how little it would take for a tech giant like ...
Is Sirius XM Finally a Tesla Stock Play?
The Motley Fool· 2024-12-04 16:45
The latest Tesla software update could be a boost to Sirius XM's sluggish subscriber base.A nagging blindspot for Sirius XM Holdings (SIRI 0.93%) investors and most Tesla (TSLA 0.33%) drivers is finally starting to fade in the rearview mirror. Tesla's best-selling vehicles -- the Model Y, Model 3, and Cybertruck -- don't ship with factory-installed satellite radios. Only the higher-priced Model S and Model X come with Sirius XM receivers, but those cars accounted for less than 4% of Tesla's deliveries last ...
Tesla Analyst Lowers Q4 Delivery Estimate, Says 2 Dynamics Will Determine EV Stock's Valuation
Benzinga· 2024-12-04 16:15
A Tesla Inc TSLA analyst has lowered the fourth-quarter delivery estimate for the company citing weak demand and survey data, which could see the company miss full-year growth estimates. The Tesla Analyst: Goldman Sachs analyst Mark Delaney maintained a Neutral rating on Tesla with a $250 price target.Read Also: Tesla Q3 Earnings Highlights: EPS Beat, Revenue Miss, Shares Climb On 2025 Timeline For Lower-Cost EVsThe Analyst Takeaways: Data on Tesla deliveries for key regions like the United States, Europe a ...
Elon Musk lost his Tesla pay fight. Here's what he can do next.
Business Insider· 2024-12-03 22:09
Advertisement A Delaware judge again struck down Elon Musk's $55 billion pay package.Legal experts walked BI through what the appeal process could look like for Tesla.Tesla may also reintroduce the package in Texas, a strategy that could end up costing shareholders more.Elon Musk's battle over his Tesla pay is entering a new phase.A Delaware judge ruled on Monday that Tesla's shareholder vote wasn't enough to pass Elon Musk's $55 billion compensation package.Advertisement Tesla called the decision "wrong" ...
Why Tesla Stock Jumped 38% in November
The Motley Fool· 2024-12-03 21:49
After an underwhelming year, Tesla (TSLA -1.59%) stock soared last month, boosted by hopes that Trump's victory would help the electric vehicle (EV) maker, as CEO Elon Musk has made himself a close ally to president-elect Trump, spending heavily to aid his campaign before the election.As a result, the stock soared after the election, and it continued to climb as investors seemed to bet that regulations under the Trump administration would be favorable to Tesla.The stock peaked on Nov. 11 and then traded sid ...