Todays TSLA Analyst Ratings:
Seven analysts today issued Research Reports on Tesla, all but one cutting the 12 month target on the stock, on the basis of delivery concerns which put more pressure on the stock as it looks to break the $100 range.
-Truist Securities cuts to $299 from $348
-Target lowered at JP Morgan & Company to $25 from $150
-STA Research maintains a Strong Buy rating and $225 target
-Target cut at Cowen to $122 from $205
-Goldman Sachs keeps Buy rating, cuts target tp $205 from $225
-Target Lowered by Deutsche Bank Capital to $225 from $279
-RBC Royalbank cuts target to $186 from $225
Tesla’s Analyst and Price Forecast
The average price goal for Tesla Inc stock over the next year, according to the projections of 33 market analysts, is USD 270.12 per share. This is based on the stock of Tesla Inc. Buy is the recommendation made by analysts on average for Tesla Inc. Based on 9 positive signs and 6 negative signals, Stock Target Advisor’s own shares analysis of Tesla Inc. is Slightly Bullish. This conclusion was reached after analysing the company’s stock. The stock price of Tesla Inc. was USD 123.18 as of the most recent market close. Over the course of the past week, the price of Tesla Inc.’s stock has moved by +0.02%, while over the course of the previous month, it has moved by -36.79%, and over the course of the past year, it has moved by -65.03%.
Tesla Delivery Issues:
Tesla has experienced some delivery issues in the past, particularly when it has ramped up production of new models or entered new markets. Some factors that may contribute to delivery delays include limited production capacity, supply chain constraints, and logistical challenges.
One of the biggest issues Tesla has faced with delivering vehicles is simply the sheer number of orders it has received. The company has consistently had more demand for its vehicles than it has been able to produce, which can lead to long wait times for customers.
In addition to production constraints, Tesla has also had to deal with supply chain issues that have affected its ability to deliver vehicles. For example, the company has struggled to secure enough batteries to meet demand, which has slowed production.
Finally, logistical challenges can also play a role in delivery delays. For example, getting vehicles from the factory to dealerships and from dealerships to customers can be complex, especially in markets where Tesla does not have a well-established network of stores and service centers.
Overall, it seems that the main factors contributing to delivery delays for Tesla have been a combination of high demand, production constraints, and logistical challenges.
About Tesla Inc.
Tesla, Inc. is in the business of designing, developing, manufacturing, leasing, and selling electric automobiles in addition to energy generation and storage solutions. Its primary markets are the United States of America and China. Automotive and Energy Generation and Storage are the two business divisions that the company operates under. The Automotive division is responsible for the sale of electric automobiles in addition to automotive regulatory credit sales. It does this by offering sedans and sport utility vehicles through direct and used vehicle sales, a network of Tesla Superchargers, and in-app upgrades. Additionally, it offers buy finance and leasing services. Additionally, this division is responsible for the provision of non-warranty after-sales vehicle services, the sale of used vehicles, retail merchandise, and vehicle insurance, as well as the sale of products to third party customers; the provision of services for electric vehicles through its company-owned service locations and Tesla mobile service technicians; and the provision of vehicle limited warranties and extended service plans. The Energy Generation and Storage business segment is engaged in the design, manufacturing, installation, sale, and leasing of solar energy generation and energy storage products, and related services to residential, commercial, and industrial customers and utilities via its website, stores, and galleries, as well as through a network of channel partners. These services and products are provided to residential, commercial, and industrial customers and utilities. This division also provides its customers who purchase energy products with service and repairs, including those covered by warranties, as well as a variety of financing alternatives for its customers who purchase solar products. Before February 2017, this business was known by its previous name, Tesla Motors, Inc., but it officially changed its name to Tesla, Inc. in that month. Tesla,
