HomeBusinessEnergy Sector, Oil, & Gas Stock NewsTesla (TSLA) Stumbles As It Faces Challenges Ahead

Tesla (TSLA) Stumbles As It Faces Challenges Ahead

Tesla (TSLA) is facing some major challenges according to a Mizuho Analyst note. Alex Coffey and Jenny Horne discuss this, as well as what's in store for TSLA. The Mizuho analyst notes some challenges for TSLA include weak macro environment, rising rates, declining affordability, and slowing auto sales. They also note that Mizuho cut TSLA's price target to $250 from $285. Alex then demonstrates an example trade using TSLA. The trade type is a buy call condor and the direction is bullish. Tune in to find out more about the stock market today.

Next Gen Investing

05 Jan 2023

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