HSBC Stays Cautious on Tesla (TSLA) After Lower-Than-Expected Q4 Deliveries

Tesla, Inc. (NASDAQ:TSLA) is one of the AI Stocks Making Waves on Wall Street. On January 4, HSBC analyst Michael Tyndall reiterated a Reduce rating on the stock with a $131.00 price target. The rating affirmation follows Tesla’s fourth-quarter delivery results, with analysts flagging Q4 deliveries across key regions. Firm analysts noted how Tesla’s delivery of 418,000 vehicles in the fourth quarter were below Visible Alpha consensus by 3.7% and 5.2% below their own projections. The figures represent an ...