A violent rally of 40% in 6 days! Tesla reaffirmed as "Top Pick" by "Iron Fans", the most difficult low has passed?
40% violent rebound in 6 days! "Big fan" Morgan Stanley reiterated that Tesla is the "first choice", has the most difficult low point passed?
The better-than-expected financial report has caused Tesla to rise by 40% in six days, and it has also made the former “big fan” Morgan Stanley change his mind.
After Tesla's results, about 64% of analysts rated the company's stock as a "buy" rating, with an average target price of about $206 per share. That's the highest ratio of buy ratings Tesla has ever seen, compared with an average of about 58% for the S&P 500, according to FactSet.
Although analysts have all warned of Tesla's declining profit margins, some analysts believe that this will help Tesla win in the competition in the same industry.
I think:
While in the short term, Tesla is sacrificing margins for higher sales, we think this is a smart move to build a customer base against growing EV competition from Detroit (traditional auto industry in the US) and Europe
The better-than-expected financial report has caused Tesla to rise by 40% in six days, and it has also made the former “big fan” Morgan Stanley change his mind.
After Tesla's results, about 64% of analysts rated the company's stock as a "buy" rating, with an average target price of about $206 per share. That's the highest ratio of buy ratings Tesla has ever seen, compared with an average of about 58% for the S&P 500, according to FactSet.
Although analysts have all warned of Tesla's declining profit margins, some analysts believe that this will help Tesla win in the competition in the same industry.
I think:
While in the short term, Tesla is sacrificing margins for higher sales, we think this is a smart move to build a customer base against growing EV competition from Detroit (traditional auto industry in the US) and Europe
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MonkeyGee : are you kidding with the current China and USA conflicts TSLA and Apple is at big risk of losing 30% in revenue overnight. That will collapse the USA market.