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Tesla Analyst Says Demand Fears 'Overblown,' But Has Some Concerns As Used Car Prices Plummet
Benzinga· 2025-03-18 15:57
Group 1: Analyst Insights - RBC Capital analyst Tom Narayan has lowered Tesla's price target from $440 to $320 while maintaining an Outperform rating, citing concerns over full self-driving (FSD) pricing and vehicle demand [1] - Narayan believes that fears regarding demand are exaggerated, as Europe and China, where Tesla is losing market share, represent a small portion of overall vehicle sales [2] - The analyst has revised FSD pricing assumptions, predicting a drop from $100/month today to $50/month by 2026 [2] Group 2: Market Share and Valuation - Tesla's market share for robotaxis in Europe and China is expected to be lower than previously anticipated, with domestic OEMs likely to dominate the market [3] - The sum-of-the-parts valuation has decreased significantly, with FSD valuation dropping from $383 billion to $211 billion and robotaxi valuation falling from $879 billion to $641 billion [4] - Narayan has also revised delivery growth estimates for fiscal 2025 from 14% to 11% [4] Group 3: Used Vehicle Market Trends - Tesla used vehicle prices have declined sharply, falling 3.7% over the last three months and 7.3% over the last year, compared to overall used car market declines of 1.1% and 2.7% respectively [6] - Among Tesla models, the Cybertruck and Model S have experienced the most significant price drops, with declines of 11.5% and 8.3% over the last three months [6] Group 4: Consumer Sentiment - A recent poll indicated that 53% of respondents stated they would never own a Tesla, while only 23% said they were more likely to buy one following Donald Trump's purchase and endorsement [7][8] - Despite Trump's purchase, the impact on Tesla's sales and demand appears minimal, with recent sales figures expected to be closely monitored due to ongoing boycotts and sales declines [10] Group 5: Stock Performance - Tesla's stock has decreased by 6% to $223.76, down 41.0% year-to-date in 2025 and over 50% from all-time highs set in December [11] - The stock is currently trading below levels seen when Trump won the 2024 election, indicating a significant decline in market confidence [11]
Here's how much Tesla short sellers have earned from TSLA's crash
Finbold· 2025-03-18 13:43
Core Viewpoint - Tesla's stock has faced significant bearish sentiment, leading to a decline of over 50% since its peak in December 2024, resulting in a market capitalization drop of $700 billion, while short sellers have profited significantly during this downturn [1][2]. Group 1: Stock Performance - Tesla's stock initially rose post-election due to CEO Elon Musk's ties with President Trump but has since lost most of those gains, with a decline of over 50% from its December peak [2]. - The stock was valued at $238.01 at the close of the last trading session, down 37% year-to-date, and extended its weakness to $229 in pre-market trading [6]. - RBC Capital lowered its price target for Tesla from $440 to $320 while maintaining an 'Outperform' rating, indicating a potential upside of 36% from the current valuation [7]. Group 2: Short Selling Activity - Short sellers have capitalized on Tesla's stock decline, making a profit of $16.2 billion since the stock's peak, with short interest increasing by 16.3% in the past month, totaling 71.5 million shares shorted [1][3]. Group 3: Market Challenges - Tesla faces headwinds from backlash against Musk's political views, impacting sales in key regions like Europe, and increasing competition from companies like BYD in the electric vehicle market [4]. - The company is also affected by President Trump's tariffs, with Canada threatening to impose 100% tariffs on Tesla following U.S. tariffs [5]. - Global interest in short selling Tesla stock has reached a one-year high, with Canada leading this trend [5]. Group 4: Future Outlook - Investment strategist Shay Baloor argues that the market has misjudged Tesla, suggesting it is more than just an electric vehicle company and is positioned as a leader in AI and autonomy, with significant potential expected to unfold by 2026 [8].
Hallador Energy, Tesla And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session
Benzinga· 2025-03-18 12:34
Core Viewpoint - U.S. stock futures are experiencing a decline, with Hallador Energy Company facing a significant drop in share price following a quarterly sales miss despite beating earnings expectations [1][2]. Group 1: Hallador Energy Company - Hallador Energy reported quarterly earnings of 7 cents per share, surpassing the analyst consensus estimate of a loss of 13 cents per share [1]. - The company’s quarterly sales were $94.200 million, which fell short of the analyst consensus estimate of $95.450 million [1]. - Hallador Energy shares decreased by 6.8% to $10.70 in pre-market trading [2]. Group 2: Other Stocks in Pre-Market Trading - Arlo Technologies, Inc. saw its shares tumble 9.3% to $10.01 after a previous gain of 4% [3]. - Ivanhoe Electric Inc. shares declined by 6.9% to $5.92 in pre-market trading [3]. - Verastem, Inc. shares fell 6% to $6.80 after a prior gain of 4% [3]. - Resolute Holdings Management, Inc. shares dropped 4.8% to $42.05 [3]. - Bausch Health Companies Inc. shares decreased by 4.1% to $6.75 [3]. - Kenon Holdings Ltd. shares fell 3.4% to $34.04 after a previous gain of 3% [3]. - Akebia Therapeutics, Inc. shares declined by 3.3% to $2.32 [3]. - Tesla, Inc. shares slipped 1.6% to $234.30, following a 4.8% drop on Monday after Mizuho reduced its price target from $515 to $430 [3].
Tesla's China rival Zeekr to roll out advanced driver assistance-system for free
CNBC· 2025-03-18 11:35
The view from inside a Zeekr Mix electric vehicle at one of the company's showrooms in Shanghai, China, on March 16, 2025.BEIJING — Chinese electric car company Zeekr is releasing advanced driver-assistance capabilities to its local customers for free as competition heats up, Zeekr CEO Andy An told CNBC ahead of a launch event Tuesday.The tech enables the car to drive nearly autonomously from one pre-set destination to another, as long as drivers keep their hands on the steering wheel and there is regulator ...
Analyst slashes Tesla stock price target
Finbold· 2025-03-18 11:12
Tesla’s (NASDAQ: TSLA) equity has been performing abysmally in recent weeks despite remaining nearly 37% above where it stood exactly 12 months ago. Specifically, TSLA stock collapsed 50.40% since December highs and is 41.81% down in 2025 to its press-time price of $234.98.TSLA stock YTD price chart. Source: FinboldDespite the rapid price collapse, many investors and analysts remain mostly optimistic about Tesla’s long-term prospects.  On March 18, RBC Capital’s Tom Narayan exemplified this phenomenon when ...
特斯拉:周报-20250318
第一上海证券· 2025-03-18 05:55
Investment Rating - The report does not explicitly state an investment rating for Tesla (TSLA) [2]. Core Insights - Tesla claims it will be a victim of the U.S. government's tariff strategy, which may lead to increased electric vehicle prices due to rising costs and supply chain constraints [3]. - Tesla is collaborating with Baidu to enhance its Full Self-Driving (FSD) software by integrating Baidu's navigation map information [4]. - Initial details of Tesla's "affordable model" indicate it will be produced at the Shanghai Gigafactory, based on the Model Y but at a lower production cost, expected to be at least 20% cheaper than the new Model Y [5]. - Tesla has officially stopped accepting new orders for the old Model Y, which is now only available through existing inventory [6]. - In February, Tesla's wholesale deliveries in China were estimated at 30,000 vehicles, a decrease of approximately 53% month-over-month and 50% year-over-year [7]. Summary by Sections Company Overview - Tesla's stock price is reported at $249.98, with a market capitalization of $804.1 billion and a total share count of 3.217 billion shares [8]. Delivery Data - For the week of March 3 to March 9, 2025, Tesla's domestic insurance registrations were approximately 13,800 vehicles, reflecting a quarter-over-quarter decline of about 37% but a year-over-year increase of about 5% [11].
Tesla Stock Slumps Again As Another Firm Warns Of Elon Musk-Led Firm's ‘Sales Woes'
Forbes· 2025-03-17 19:33
Core Viewpoint - Tesla's stock has faced significant pressure, declining nearly 5% to $238 per share, despite a broader market recovery, indicating ongoing challenges for the electric vehicle maker [1][2]. Group 1: Stock Performance - Tesla shares dropped nearly 5% to $238, marking the lowest end-of-week level since the week before the election [1]. - The stock is down 41% year-to-date, making it the second-worst performer among S&P companies [6]. - Despite the recent decline, Tesla stock is still up 7% from the previous Monday [7]. Group 2: Analyst Forecasts - Mizuho analysts lowered their price target for Tesla shares by $85 to $430 and reduced their 2025 vehicle delivery forecast from 2.3 million to 1.8 million, a cut of over 20% [3]. - Other major firms like Goldman Sachs, JPMorgan, and UBS have also slashed their delivery forecasts for Tesla [6]. Group 3: Sales Performance - Tesla's U.S. sales fell 2% year-over-year, while the broader EV market grew by 16% [5]. - Sales in China plummeted 49%, despite an 85% increase in overall EV sales in the country [5]. - In Germany, Tesla's sales dropped 76%, while the EV market expanded by 31% [5]. Group 4: Brand Perception and Competition - Analysts attribute Tesla's sales challenges to weakening brand perception in the U.S. and EU, deteriorating geopolitics, and increasing competition from domestic EV firms in China [4]. - A CNN poll indicated that 53% of respondents hold a negative opinion of Elon Musk, contrasting with 35% who view him positively [6].
S&P 500 Forecast: Energy and Industrials Gain While Tesla and Affirm Slide
FX Empire· 2025-03-17 17:57
EnglishItalianoEspañolPortuguêsDeutschالعربيةFrançaisImportant DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your ...
Why Tesla Stock Continued to Plunge Today
The Motley Fool· 2025-03-17 17:32
Tesla (TSLA -5.38%) stock is on a major losing streak. After falling for eight straight weeks, it is starting off another week deep in the red. At 12:12 p.m. ET, shares were near the lows of the session, down by 5.8%.The leading electric vehicle (EV) maker has now lost 50% of its value over the past three months. With all the negativity surrounding the name, investors might wonder if it's worth considering buying the dip.Analysts are piling on TeslaToday's drop comes after one Tesla bull just cut his firm's ...
EXCLUSIVE: Trump's Tesla Purchase Unlikely To Boost Sales As 53% Say 'Never'
Benzinga· 2025-03-17 17:12
President Donald Trump recently announced he was purchasing a red Tesla Model S vehicle from Tesla Inc TSLA during a White House event.The purchase was made to help Tesla CEO Elon Musk and drew plenty of attention to the car company, but Benzinga readers are torn about whether the event made them more or less likely to purchase a vehicle from the electric vehicle company.What Happened: Trump's purchase of the Model S may have led to a spike in interest on Google searches for Tesla, but people aren’t rushing ...