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The bank is skeptical about the timing of a cheaper Tesla model, as well as the success of a coming robotaxi service.
April 1 - Wells Fargo is sticking to its pessimistic view of Tesla (NASDAQ:TSLA), predicting the stock could drop more than 50%. Analyst Colin Langan expects slower delivery growth and price cuts ...
meaning Wells Fargo’s revised target represents additional downside potential of -46.37%. And earlier in April, Goldman Sachs lowered its price target for Tesla to $260 from $275, noting that it ...
China trade war intensified and as investors turned their attention to earnings reports from some of the largest U.S.
Wells Fargo doubled down on its negative view of Tesla (NASDAQ:TSLA) on Tuesday. Analyst Colin Langan and his team continue to model for delivery growth declines and expect price cuts to hit the ...
Tesla (NASDAQ:TSLA) is facing a day of reckoning ... While some are pinning hopes on new models, Wells Fargo analyst Colin Langan is not all that confident that they will do the trick.
Wells Fargo maintains 'Underweight' rating on Tesla, citing no stock rebound soon. Tesla's vehicle deliveries are expected to decline in Europe, China, and the US. Earnings may drop 25% by 2025 ...
April 1 - Wells Fargo is sticking to its pessimistic view of Tesla (NASDAQ:TSLA), predicting the stock could drop more than 50%. Analyst Colin Langan expects slower delivery growth and price cuts to ...
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