Tag: Tesla stock

Tesla wants to portray its biggest layoffs ever as a way to improve efficiency. But analysts don't see it that way.

This price implies a downside of nearly 26% over the next 12 months.

The bottom could be a long way off.

Tesla recently announced that its Autopilot technology has collected more than 1 billion miles of data.

"If robotaxis is touted as the 'magic model' to replace the Model 2, we would consider that a disastrous negative impact on Tesla's development," Wedbush said.

"We believe that it will be very difficult for the company to generate additional sales through its existing product portfolio or without further price reductions," BofA said.