US EditionJPMorgan's Scathing Tesla Prediction: Musk's Car Company Will Report Worst Quarterly Deliveries In 3 Years
- JPMorgan analysts predict Tesla will report its weakest quarterly car deliveries since 2022, with a forecast drop of 20% from 444,000 to 355,000 units for Q1 2025.
- Tesla's stock recently rebounded, gaining over 8% amidst a broader rally in technology stocks this week, despite being down 38% year-to-date and 48% from its December all-time high.
- A CNN poll revealed that 48% of Americans hold a negative view of Elon Musk, with these sentiments impacting Tesla's market confidence and delivery expectations.
- Sales in Europe are under intense pressure due to comments made by Elon Musk on various political matters, with vehicle registrations down 50% year-over-year in January.
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Morgan Stanley Calls for 300% Rally in Tesla Stock. Time to Buy?
The “Trump rally” is gone for Tesla (NASDAQ:TSLA). After nearly doubling in value between Nov. 5 and Dec. 17 to hit $488 per share and give the electric vehicle maker a $1.6 trillion market cap, TSLA stock has lost more than half its value. 24/7 Wall St. Insights: Tesla (TSLA) rode the wave of Trump’s electoral victory to record highs, but has since given back all the gains. Morgan Stanley (MS), though, sees a one-year rally in TSLA stock lea…
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Total News Sources17
Leaning Left1Leaning Right0Center3Last UpdatedBias Distribution75% Center
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- 75% of the sources are Center
75% Center
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C 75%
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