Wells Fargo doubled down on its negative view of Tesla (NASDAQ:TSLA) on Tuesday. Analyst Colin Langan and his team continue to model for delivery growth declines and expect price cuts to hit the company's margins.
Tesla (NASDAQ:TSLA) is facing a day of reckoning, with 1Q25 delivery numbers expected tomorrow (Wednesday) – and by all indications, it won’t
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Wall Street Price Prediction: Tesla’s Share Price Forecast for 2025meaning Wells Fargo's revised target represents additional downside potential of -52.25%. That's an incredible fall for a stock that's seemingly done nothing but go up (with various sell-offs along the way) over the past decade. Tesla's meteoric rise has ...
Wells Fargo analyst Colin Langan calls Tesla’s Q1 delivery report a “big bust.” The company reported a year-over-year decline of 13% and a consecutive quarter of failing to
Tesla stock has slumped since its recent highs, and the analyst outlook is a bit glum. Is it one to avoid, or consider buying on the dips? The post How much further can the Tesla stock price fall? This analyst thinks 50% appeared first on The Motley Fool UK.
Wells Fargo reiterated its "Underweight" rating on Tesla (TSLA, Financial) shares in a Friday note, lowering its price target to $130 from $135. The bank cited weak fundamentals, slowing sales ...