Wells Fargo Cuts Tesla Price TargetWells Fargo analyst Colin Langan has reduced Tesla's price target to $130 due to weaker delivery forecasts and increased competition in the EV market.
The cheapest Cybertruck is now almost $100,000Tesla stopped selling the cheapest model, raised AWD Cybertruck price by $20,000, and now starts at $99,990, diverging from the earlier stated $39,990 price point.
Wells Fargo Cuts Tesla Price TargetWells Fargo analyst Colin Langan has reduced Tesla's price target to $130 due to weaker delivery forecasts and increased competition in the EV market.
The cheapest Cybertruck is now almost $100,000Tesla stopped selling the cheapest model, raised AWD Cybertruck price by $20,000, and now starts at $99,990, diverging from the earlier stated $39,990 price point.