Bernstein analyst Toni Sacconaghi anticipated that Tesla's p...
Bernstein analyst Toni Sacconaghi anticipated that Tesla's profit margin for fiscal year 2024 would decline, and sales volume would be difficult to meet expectations. The target price for Tesla shares was set at 150 US dollars. They are bearish on Tesla's prospects. They estimate that next year Tesla will only be able to deliver 2.15 million vehicles, with earnings of $2.59 per share, lower than market expectations of 2.3 million vehicles and earnings of $3.30 per share.
The demand for electric vehicles is raging! Major customer Panasonic cuts production, Tesla (TSLA.US) shares drain another 5%
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
Read more
Comment
Sign in to post a comment