HomeBusinessFinance Sector Stock NewsTesla (TSLA) Downside Due to Demand, Not Supply

Tesla (TSLA) Downside Due to Demand, Not Supply

Guggenheim cuts Tesla’s (TSLA) price target to $122 from $132. The analyst notes that Tesla has model negative volume growth for FY24, and a majority of delivery downside is due to demand, not supply. Kevin Green discusses this as the fallout continues from Tesla’s big 1Q deliveries miss. Tune in to find out more about the stock market today.

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03 Apr 2024

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