Tesla Inc. investors have a lot to parse after the July 4 holiday: a disappointing quarter of deliveries, a record month of production, and now several weeks of downtime at multiple plants. The electric-car maker will halt most production on its Model Y assembly line in Shanghai for the first two weeks of July, then stop the Model 3 line for a 20-day stretch starting July 18, Bloomberg reported last month.

BING NEWS:
  • Tesla stock skid continues after company cuts prices on Model Y, reportedly scraps low-cost Model 2
    well below analyst estimates and 46,561 vehicles below its first-quarter production of 433,371, representing the company's biggest-ever stockpile of vehicles, according to Bloomberg. The company ...
    04/5/2024 - 5:01 am | View Link
  • Tesla can turn around its 'trainwreck' quarter if Elon Musk stops his distractions and takes back control, Wedbush's Dan Ives says
    Tesla may be able to turn things around after seeing a "nightmare" first quarter, according to Wedbush's Dan Ives. The analyst and longtime Tesla bull pointed to the carmaker's dismal performance ...
    04/4/2024 - 3:12 am | View Link
  • Tesla Stock Still Has Over 30% Downside, According to 1 Wall Street Analyst
    Tesla delivered nearly 9% fewer vehicles in the first quarter versus the year-ago period. Investors may be starting to wonder if Tesla has a brand-specific demand problem. Tesla will release its ...
    04/3/2024 - 5:20 pm | View Link
  • Tesla's tough quarter has investors anxious
    Tesla's production facilities have experienced some interruptions this quarter, as well. Houthi militants' attacks on shipping in the Red Sea and Gulf of Aden caused shipping to be rerouted away ...
    03/29/2024 - 10:48 am | View Link
  • Wedbush Just Cut Its Tesla (TSLA) Stock Price Target
    This comes after Tesla reported what many are calling dismal first-quarter production and delivery numbers. I’ve taken a bearish stance on Tesla’s valuation relative to other automakers for ...
    03/28/2024 - 8:28 am | View Link
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