Tesla’s stock jumps 3.5% premarket after Baird outlines catalysts for the second half
Tesla Inc.’s stock TSLA, -1.70% rose 3.5% in premarket trade Monday, putting it on track to end a six-day losing streak, after Baird analyst Ben Kallo said price cuts and their impact on margins will drive the narrative for the electric vehicle maker in the second half. “Potential upcoming catalysts for the stock include Cybertruck launch, a wider-scale adoption of FSD (full self driving), continued growth in the Energy business, expanding into new markets, and a possible AI Day, among others,” Kallo wrote in a note to clients. The analyst has an outperform rating on the stock, the equivalent of buy, and a $300 price target thats some 39% above its current price. The stock has gained 75% in the year to date, while the S&P 500 SPX, -0.01% has gained 13.8%.
- Forums
- ASX - By Stock
- Good News & Bad News
Tesla’s stock jumps 3.5% premarket after Baird outlines...
-
- There are more pages in this discussion • 12,921 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PLS (ASX) to my watchlist
|
|||||
Last
$2.81 |
Change
0.070(2.55%) |
Mkt cap ! $8.249B |
Open | High | Low | Value | Volume |
$2.83 | $2.85 | $2.80 | $45.16M | 15.66M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
39 | 219230 | $2.81 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.82 | 58649 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
27 | 205820 | 2.810 |
33 | 391555 | 2.800 |
18 | 223804 | 2.790 |
17 | 427691 | 2.780 |
9 | 116227 | 2.770 |
Price($) | Vol. | No. |
---|---|---|
2.820 | 149321 | 15 |
2.830 | 543318 | 34 |
2.840 | 337499 | 28 |
2.850 | 290466 | 41 |
2.860 | 237606 | 22 |
Last trade - 10.42am 16/08/2024 (20 minute delay) ? |
Featured News
PLS (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online