Analyst Predicts Possible Losses for Tesla in Upcoming Quarters
Wednesday, 6 March 2024, 14:04
Analyst Adam Jonas' Revision
Analyst Adam Jonas at Morgan Stanley has trimmed Tesla's stock price target by 7% to $320. Despite maintaining an overweight rating, Jonas predicts potential financial challenges for the EV giant in the near future.
Implications for Tesla's Performance
This adjustment raises concerns about Tesla's profitability and overall financial health moving forward. Investors may need to closely monitor the company's performance in the coming quarters to assess the impact of these changes.
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