Braclays Points Out CapEx Concerns for Tesla (TSLA) Stock

Tesla, Inc. (NASDAQ:TSLA) is one of the 10 High Growth Mega Cap Stocks to Buy and Hold for Next 10 Years. On March 23, Barclays analyst Dan Levy reiterated a Hold rating on Tesla, Inc. (NASDAQ:TSLA) along with the price target of $360. The firm’s price target implies a 6% downside from the current levels. Analyst Dan Levy cautioned that capital expenditures from the company’s proposed Terafab semiconductor facility in Austin, Texas, will be very high for the electric vehicle maker. However, he noted that i ...