Tesla shares have lost more than half their value in a span of just three months, and Cantor Fitzgerald now believes there's 80% upside.
Cantor Fitzgerald upgraded Tesla (TSLA) to overweight from neutral with a warning to brace for volatility in its stock. General Mills (GIS) issued mixed earnings and concerns around the macro picture for consumers, while Signet Jewelers (SIG) soared off its report.
Tesla's (TSLA 3.12%) investors have had a nerve-racking ride over the last few months. The stock soared to an all-time high on the back of enthusiasm accompanying Donald Trump's re-election, but it has given back all of those gains since peaking at $488 in December 2024.
The success of auto self-driving features always starts with introducing and demonstrating the technology.
Jon McNeill, CEO of DVX, former Tesla president, GM board member, and founder of Vista Shares, discussed Tesla's struggles, the impact of tariffs, and the race to autonomous driving and AI technology.
Dan Ives, senior equity research analyst at Wedbush Securities, says markets have the wrong take on Nvidia and discusses a moment of nervousness for tech investors and the “mini crisis” happening at Tesla. -------- More on Bloomberg Television and Markets Like this video?
Few stocks have seen as much volatility as Tesla Inc. NASDAQ: TSLA in recent months. After peaking at an all-time high in December, shares have collapsed more than 50%, dragging the stock back to 2020 price levels.
Tesla (TSLA -5.26%) can be one of the most exciting, albeit frustrating, stocks to own in the entire capital market.
There's been a lot of attention recently on Tesla's (TSLA -5.26%) core automotive business. The segment's declining revenue in 2024 has spooked investors and has ultimately been a key reason for the stock's big downturn this year.
Protests, falling sales estimates, falling target prices, and political controversy have been too much for Tesla investors lately.
Christopher Tsai is the president and chief investment officer of Tsai Capital. One-fifth of Tsai's $137 million portfolio is in Tesla stock and he told BI he's buying more.
A former key investor in Tesla Inc (NASDAQ:TSLA), Ross Gerber, has called for Elon Musk to step down as CEO unless he relinquishes his new government role. Speaking to Sky News, Gerber argued that Musk's involvement with the Trump administration, particularly leading the Department of Government Efficiency, has made him too “divisive” and distracted from Tesla's operations.