Chelsea Jia Feng/Bi; Grzegorz Wajda/SOPA Images/LightRocket via Getty Images Tesla's first quarter of 2024 has been a "nightmare," Wedbush says. The firm pointed to weak demand in China and ongoing concerns about Elon Musk's leadership. The firm slashed its price target for the EV maker from $315 to $300 a share.
Wedbush Cuts Its Tesla Price Target After Ev Maker's 'nightmare' 1st Quarter, Says Investors Are Losing Patience
jsor@businessinsider.com (Jennifer Sor), Business Insider
Thu, 03/28/2024 - 8:28am
Topics: chelsea jia feng/bi grzegorz wajda/sopa images/lightrocket getty images nightmare wedbush elon the wedbush delaware texas ai co other wall street magnificent seven nvidia microsoft business insider tesla wedbush wedbush china musk ev quarter investors patience price target demand deliveries analysts period firm share year stock slashed maker issues growth million leadership ongoing supply projects stating difficult near-term years outlook
BING NEWS:
- Wedbush cuts its Tesla price target after EV maker's 'nightmare' 1st quarter, says investors are losing patience
Tesla's first quarter of 2024 has been a "nightmare," Wedbush says. The firm pointed to weak demand in China and ongoing concerns about Elon Musk's leadership. The firm slashed its price target ...
03/28/2024 - 8:28 am | View Link - Wedbush cuts its Tesla price target after EV maker's 'nightmare' 1st quarter, says investors are losing patience
Wedbush slashed its price target for Tesla stock ... "Let's call it like it is: 1Q deliveries has been a nightmare quarter for Tesla as China demand remains very soft coming out of the gates ...
03/28/2024 - 4:45 am | View Link - More
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