Elon MuskSlaven Vlasic/Getty ImagesTesla stock is down 7% since it reported third-quarter vehicle deliveries on Wednesday. JPMorgan sees the stock drifting even lower, by as much as 48% to its $130 price target.JPMorgan said Tesla is positioned to not grow full-year vehicle deliveries "for the first time in its history."JPMorgan raised its price target for Tesla stock — but the bank still sees shares of Elon Musk's electric carmaker falling almost 50% in the coming year.

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BING NEWS:
  • JPMorgan just raised its price target for Tesla — but it still expects a 48% crash in the stock
    "The continued softer trend now appears to position Tesla to potentially not grow full year unit volumes for the first time in its history," JPMorgan said.
    10/3/2024 - 9:02 am | View Link
  • Tesla Uses Auto Leases To Back $783M Debt Sale: Report
    Tesla could raise $783 million in a debt sale according to a new report. The report comes ahead of the company's highly anticipated Robotaxi Day.
    10/3/2024 - 8:21 am | View Link
  • Tesla Q3 deliveries preview: Wall Street expects a beat as Musk & Co. get their 'mojo' back
    "We believe this quarter is a major step in the right direction for the Tesla story," the Wedbush analyst Dan Ives said.
    10/1/2024 - 12:37 am | View Link
  • Wall Street analyst predicts Tesla stock to crash by 90%
    Gordon Johnson of GLJ research reiterated his long-standing ‘Sell’ rating on Tesla, maintaining a low price target of just $24.
    09/27/2024 - 3:46 am | View Link
  • Tesla gains again ahead of a riveting slate of October events
    Tesla (NASDAQ:TSLA) continued its forward momentum on Wednesday with a 0.4% gain in early afternoon trading. For the week, the EV stock is up more than 6% as investors start to eye the triple whammy ...
    09/25/2024 - 6:20 am | View Link
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