Tesla investors said the company's plan to develop a smaller, lower-cost EV, which was reported exclusively by Reuters, might boost volumes and address slowing demand, but at the cost of already strained margins.
Tesla has "a few hundred" units left of its highest-priced Model S and Model X vehicles, Musk said. It comes as the company shifts its focus from traditional vehicle sales to autonomy and robotics.
Tesla could be on its way to reviving plans for a more affordable vehicle.
Tesla, Inc. remains a Strong Sell due to persistent operational weakness, declining margins, and significant overvaluation despite recent delivery growth. TSLA's core EV business faces shrinking profits, falling market share, and the loss of the $7,500 tax credit, with competitive pressures and weak consumer confidence compounding challenges. Even under optimistic assumptions for robotics and energy storage, TSLA's trading multiples remain unjustifiably high relative to its deteriorating fundamentals.
Tesla, Inc. remains a battleground stock, with recent declines driven by bearish analyst sentiment and Q1 delivery concerns. I reiterate a Strong Buy rating on TSLA, increasing my position during the $350-340 range selloff and maintaining a 12-month PT of $550-600. Despite a 2% Q1 delivery miss, I estimate $24B in Q1 sales and see potential for 24% YoY growth and expanding gross margins.
Tesla shares attempted another rebound on Thursday but failed to sustain momentum, slipping about 1% after opening higher. The initial gains followed reports that the company is considering a new electric vehicle.
TSLA expands Model Y L to eight Asian markets, betting the six-seat SUV's range, space and performance will drive strong demand and boost regional sales.
Tesla shares attempted a rebound on Wednesday but failed to sustain gains, remaining largely flat at $347.41 in early trading. The muted move contrasted with a sharp rally in broader markets.
Tesla, Inc. faces near-term headwinds in its core automotive segment, but I see 2026 as a "prove it" year for its AI and robotics vision. Despite downward revisions and competitive pressure, TSLA's non-automotive segments are growing, and incremental progress in Robotaxi and Optimus could support the stock. I plan to add to TSLA shares at $330 and $273, maintaining an underweight portfolio allocation, as I expect short-term volatility, but not to the degree that Wall Street analysts suggest.
Tesla (NASDAQ:TSLA | TSLA Price Prediction) has been one of the most debated stocks on Wall Street for years, and Jim Cramer just put the core tension into one sentence.
With Elon Musk focused on artificial intelligence, investors and analysts are discussing a merger of his biggest companies.
The latest trading day saw Tesla (TSLA) settling at $346.65, representing a -1.75% change from its previous close.