Tesla, Inc. (TSLA) sees a variety of opinions from the investors and market experts. Some recognize the company as one of the best tech stocks suitable for investment as per investor Brad Gerstner, while others express concerns over it being a high time to buy Tesla Stocks. At the same time, CEO Elon Musk's pay package saga continues, stirring debates on whether the shareholder vote will cause a significant change or not.
The
share value of Tesla is expected by analysts to drop as low as $200 per share, a prognosis alarming for many investors. Some design changes brought into effect are reportedly causing confusion among the drivers, raising questions on the quality of Tesla's Electric Vehicles. However, one analyst predicts a recovery for Tesla following their Q2 deliveries.
Tesla is currently fighting a legal battle against its battery supplier, Matthews International, and the market has been responding with unusual put options activity. The company's China rivals anticipate a sales recovery and introduction of cheaper models. Surprisingly, amidst these turmoil, the
stock price rose by 2.1%. However, Tesla also faced a significant blow of nearly 12K Cybertrucks getting recalled, resulting in the slide of its market position.
Tesla TSLA News Analytics from Tue, 13 Feb 2024 08:00:00 GMT to Sun, 30 Jun 2024 14:35:11 GMT -
Rating -5
- Innovation 4
- Information 7
- Rumor 6
