Tesla could be staring down a year of ‘growing pains,' analyst cautions
TeslaTesla(US:TSLA) Market Watch·2024-01-17 20:51

Tesla Inc. is about to offer investors some hints of what’s to come, and one analyst thinks Wall Street should brace for “growing pains.”Wells Fargo analyst Colin Langan expects about 13% growth in Tesla TSLA, -1.98% deliveries next year, below the company’s 50% long-term target. The year already hasn’t gotten off to a great start for the electric-vehicle company, which has cut prices in China and paused production in Germany. “There are also macroeconomic headwinds around elevated interest rates& flattenin ...