Data News > Tesla (TSLA) Stock News: Recent Developments and Expert Opinions

Tesla (TSLA) Stock News: Recent Developments and Expert Opinions

By KlickAnalytics Data Insights  |   April 3, 2024 08:01PM ET

Key Points

- Tesla (TSLA) concluded the recent trading session at $168.38, signifying a +1.05% move from its prior day's close.
- Per Lekander, a managing partner at Clean Energy Transition, warns that Tesla should not be worth more than $14 a share.
- Ark Invest's Cathie Wood expects Tesla stock to move towards $2,000 per share in the coming years.
- Guggenheim cuts Tesla's price target to $122 from $132, citing demand, not supply, as the reason for downside.
- Tesla shares took a hit after the company reported a decline in vehicle deliveries in the first quarter.

Tesla (TSLA) has been making headlines in the stock market recently. The company concluded the recent trading session at $168.38, marking a 1.05% increase from the previous day's close. Despite this, there have been mixed opinions about the future of Tesla's stock.

Per Lekander, a managing partner at Clean Energy Transition, has expressed a warning that Tesla should not be valued at more than $14 a share. On the other hand, Ark Invest's Cathie Wood has been optimistic, expecting Tesla stock to reach $2,000 per share in the coming years.

Guggenheim recently cut Tesla's price target to $122 from $132, citing demand, not supply, as the reason for downside. This comes after Tesla reported a decline in vehicle deliveries in the first quarter, which led to a hit on its stock.

Overall, Tesla's stock has been experiencing volatility, with experts and analysts expressing differing opinions on its future performance. The company's recent decline in vehicle deliveries has also contributed to the uncertainty surrounding its stock.

For more information:
  • Up/Down Rally
  • Price Distribution
  • Analyst Recommendations
  • Earning Price Impact Analysis
  • Seasonality


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