Berenberg raised Tesla (NASDAQ:TSLA) target price from $200 to $210

Berenberg analyst Adrian Yanoshik said in a research report that he downgraded Tesla (NASDAQ:TSLA) from “buy” to “hold” and raised its target price from $200 to $210. The analyst noted that Tesla’s new factory’s advantages in terms of capital and labor efficiency provide the company with years of growth opportunities, and that its “false fear … Read more

Jefferies: Maintain Tesla(NASDAQ:TSLA) “Buy” rating and raise its price target to $230

Analysts at Jefferies said in a research note that they maintained their “buy” rating on Tesla (NASDAQ:TSLA) and raised their price target to $230 from $180. The analyst said Tesla’s investor day last week showed that the company remains largely a “Day 1” operating model. The analyst noted that no new product launches do not … Read more

Bernstein: Tesla’s (NASDAQ:TSLA) “Big Picture 3” lacks detail and gives it an “underperform” rating

Bernstein said Tesla’s (NASDAQ:TSLA) “Master Plan Part 3” announced at Wednesday’s investor event day looks at the long term but lacks details. The bank noted that Musk’s “grand chapter 3” is not so much Tesla’s roadmap as a hope for widespread electrification; Management updates, while informative, are not necessarily linear. As part of a larger … Read more

Morgan Stanley: Tesla (NASDAQ:TSLA) the launch of ultra-low-priced

Morgan Stanley analysts expect Tesla (NASDAQ:TSLA) to launch a suite of technologies at ultra-low prices at an ultra-low price at the March 1 investor day to help promote the mass adoption of electric vehicles, which will be a key to the “third chapter of Tesla’s grand plan.” It noted that this Tesla investor day is … Read more

Tesla (NASDAQ:TSLA) CEO Elon Musk: The Fremont Gigafactory is expected to produce more than 600,000 vehicles this year

Tesla (NASDAQ:TSLA) CEO Elon Musk: The Fremont Gigafactory is expected to produce more than 600,000 vehicles this year. The Fremont Gigafactory is the most produced automotive plant in North America. Musk and California Governor Newsom announced that Tesla’s engineering headquarters were located in Palo Alto.

Bernstein: Tesla, Inc. (Nasdaq:TSLA) giving an “underperform” rating

Bernstein gives Tesla, Inc. (Nasdaq:TSLA) an “underperform” rating with a $150 price target. Toni Sacconaghi, an analyst at the bank, believes that the most important issue for the company as Tesla enters analyst day is the status of its next-generation low-cost car platform. The agency added that while the market did not expect anything from … Read more

Tesla’s Berlin battery plant has started production and involves only a single battery component

Germany’s Brandenburg Minister of Economics Jörg Steinbach said that Tesla’s battery factory at the Berlin Gigafactory has been put into operation. Steinbach said Tesla only produces individual battery modules at the battery factory at the Gigafactory in Berlin, which is different from the company’s original plan. The outside world believes that this should be Tesla … Read more