Tesla downgraded to sell as UBS says the stock overvalues growth opportunities https://www.marketwatch.com/story/t...tock-overvalues-growth-opportunities-9f9d2e26 ‘Investors should be cognizant of how much the auto business and other more readily valuable businesses contributes to the stock price,’ say UBS analysts
Rarely do you see BS like this after a downgrade by a major Tier1 like UBS. TESLA up +3,80%! Pathetic!
Operation Elon Gameplan: 1) Elon donates $500MM (?) to MAGA super-pac to get Trump elected 2) The Corporate Medias in the U.S. and Europe go off the rails and blast the news on every channel and newspaper they control. 3) Far left progressives learn of this, they too go off the rails and unite. 4) A massive boycott of Tesla vehicles gains steam on social media. 5) Brilliant shorts come in, 100% sure this will be the end of Tesla. It's going to zero this time for sure. 6)Tesla stock gets pummeled to $209+/- 7) More shorts jump in for the sure thing down to about $179 support. 8) Uh-OH. The algos kick in and gap TSLA up to $223. More shorts pile on for the sure thing. 9) Tesla starts creeping up from there. $227, $230, $234.50 10) Bam.... a big gap, TSLA opens at at $247 and closes at $257 11) It gets ugly, $275 comes in range. 12) A run at $300 is now all the buzz. 13) Cramer annoints it the leader of the Mag 7 again. 14) And last but not least.... Elon privately snickers as his $500MM donation added $8 Billion to his personal net worth and now he is not only the richest man in the world... but one of the few that DJT will feel (truly) beholden to if he wins another 4 years. ---> Operation Elon complete
Wells Fargo remains bearish on Tesla stock, sees more than 50% downside risk https://www.investing.com/news/stoc...stock-sees-more-than-50-downside-risk-3518755 Elon´s plan is already working it seems.
UBS cuts Tesla (NASDAQ:TSLA) to Sell on valuation reassessment, high AI costs UBS analysts on Friday downgraded Tesla stock from Neutral to Sell, while raising the price target from $147 to $197. This adjustment aims to reflect a reassessment of Tesla's valuation amid market expectations for its growth, particularly in AI. The UBS acknowledged Tesla's diversification beyond automotive manufacturing, citing positive developments in its Energy and Full Self-Driving (FSD) segments as supportive factors.
Earnings tomorrow. LOL maybe it will distract some after Musk (who wasn't going to endorse anyone - back in Feb anyway) choose OrangeMan. Expect further sales number erosion down the line.