Tesla Inc (NASDAQ:TSLA) had its price target raised modestly by UBS to $364 from $352, as the bank said the electric vehicle maker's first-quarter update further highlighted its transition toward becoming a “physical AI company,” while maintaining a ‘Neutral' rating on the stock. Shares of Tesla traded hands at $445 on Wednesday afternoon, roughly flat in the year-to-date.
Wedbush Securities analyst Dan Ives is calling President Donald Trump's summit with Chinese President Xi Jinping a defining inflection point for the artificial intelligence revolution, as the two leaders prepare for two days of high-stakes talks in Beijing on Thursday and Friday. Trump arrived in Beijing on Wednesday accompanied by a roster of America's most powerful corporate executives, including Nvidia Corp (NASDAQ:NVDA, XETRA:NVD) CEO Jensen Huang, Tesla Inc (NASDAQ:TSLA) CEO Elon Musk, and outgoing Apple Inc (NASDAQ:AAPL, XETRA:APC) CEO Tim Cook.
Lumpy quarterly deployments weigh on TSLA's energy storage volumes, but management expects full-year growth and long-term momentum to be strong.
A key part of President Donald Trump's visit to China this week is his effort to bring along with him at least 17 executives from prominent U.S. companies. Here's what it means for them.
Shares of Tesla (TSLA) rebounded sharply on Wednesday, climbing around 3% as investors quickly moved past the previous session's selloff and refocused on the company's autonomous driving ambitions. The recovery followed Tuesday's roughly 3% decline and extended a broader rally that has lifted Tesla shares nearly 10% over the past week.
Tesla, Inc. faces significant downside risk despite a recent Q1 rally, as core business issues persist and upside appears limited. Q1 results benefited from $900M FX tailwinds and one-time items; underlying margins compressed and inventory build-up signals demand weakness. CapEx is set to triple to $25B in 2026, turning TSLA free cash flow negative for a multi-year investment cycle, with questionable ROI from non-core bets.
Technology stocks wait in a confusing environment.
President Trump is trying to drum up business for Tesla, and other American companies, in China this week.
Shares of Tesla (NASDAQ:TSLA | TSLA Price Prediction) are down roughly 5% intraday on Tuesday, trading near $423 and change after closing at $445 on Monday.
Elon Musk's Tesla will invest $250 million into its German factory to increase production of battery cells for electric vehicles, moving to boost output in Europe as its sales in the region regain strength.
Tesla stock tumbled roughly 4% on Tuesday as a hotter-than-expected US inflation reading triggered a broad selloff across technology and growth stocks. The decline followed a strong stretch for Tesla shares.
Tesla is piloting a digital "waitlist feature" at five Supercharger locations in the US. The feature helps drivers know who gets dibs next on available plugs — and how long they must wait.