Tesla Inc. shares have decreased by 7.72% over the past five trading sessions and are down more than 31% from this year's peak in February. CEO Elon Musk's feud with President Trump has negatively impacted market reactions. Goldman Sachs raised Tesla's price target to $315 from $285 while holding a 'Neutral' rating after reporting around 384,000 vehicle deliveries. Benchmark analyst increased the price target to $475, citing the robotaxi launch, while several analysts predict decreased Q2 delivery expectations. Tesla faces intensified competition and potential market pressures ahead.
Tesla Inc. shares have faced a decline of 7.72% recently, resulting in a more than 31% drop since the year-to-date high on February 15.
Goldman Sachs increased TSLA's price target to $315 from $285 while keeping a 'Neutral' rating, following the report of preliminary Q2 vehicle deliveries.
Benchmark analyst Mickey Legg raised Tesla's price target to $475 while maintaining a 'Buy' rating, seeing the company as a top pick for 2025.
Tesla's stock has gone through crashes before, but potential recovery may provide significant buying opportunities in the medium term despite current bearish trends.
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