Stock & Business

11 articles
Deutsche Bank Raises Tesla TSLA Price Target to $500 from $400, Upgrades  to Buy from Hold
Stock & Business Oct 01, 2024

Deutsche Bank Raises Tesla TSLA Price Target to $500 from $400, Upgrades to Buy from Hold

Deutsche Bank has upgraded Tesla's stock rating from "Hold" to "Buy" and raised its price target by 25% to $500, citing a positive interpretation of the company's Battery Day announcements. This indicates strong institutional confidence in Tesla's future growth and technology roadmap. For owners and enthusiasts, this analyst upgrade reflects growing market optimism about Tesla's long-term strategy and potential value.

Morgan Stanley Maintains Equal-Weight on Tesla, Raises TSLA Price Target to $333
Stock & Business Oct 01, 2024

Morgan Stanley Maintains Equal-Weight on Tesla, Raises TSLA Price Target to $333

Morgan Stanley has raised its price target for Tesla's stock to $333, reflecting stronger-than-expected third-quarter vehicle deliveries and the company's recent $5 billion capital raise. The firm maintained its "Equal Weight" rating, signaling a neutral stance. For owners and enthusiasts, this indicates continued analyst confidence in Tesla's financial performance and growth trajectory.

Tesla Working on Lithium Refining Activity as 'the best way to learn how to accelerate something is to do it yourself'
Stock & Business Oct 01, 2024

Tesla Working on Lithium Refining Activity as 'the best way to learn how to accelerate something is to do it yourself'

Tesla is entering the lithium refining business to secure its own supply of the critical battery material. This move aims to reduce costs and accelerate production by bringing more of the supply chain in-house. For owners and enthusiasts, it signals Tesla's commitment to lowering battery costs and scaling up vehicle production more efficiently.

Cathie Wood's ARM Loads Up $10.6M in Tesla TSLA Stock this Week Alone, Signaling Its Strongly Bullish Outlook On the Company
Stock & Business Oct 01, 2024

Cathie Wood's ARM Loads Up $10.6M in Tesla TSLA Stock this Week Alone, Signaling Its Strongly Bullish Outlook On the Company

Cathie Wood's ARK Investment Management purchased $10.6 million in Tesla stock this week, continuing a series of buys that began in October. This signals a strongly bullish outlook from the prominent fund on Tesla's future. For owners and enthusiasts, this major vote of confidence from a high-profile investor reinforces positive sentiment around the company's long-term prospects.