article thumbnail

Tesla (TSLA) gets “Buy” rating and $298 price target from RBC Capital

Teslarati

RBC Capital analyst Tom Narayan maintained his “Buy” rating for electric vehicle maker Tesla ( NASDAQ:TSLA ) on Monday. His price target for Tesla was also listed at $298 per share, suggesting an upside of over 80%. He covers several auto companies such as Tesla, Ferrari, and the Mercedes-Benz Group.

Buy 140
article thumbnail

Tesla (TSLA) maintains PT & BUY rating from Canaccord

Teslarati

Canaccord Genuity analyst George Gianarikas reiterated the investment bank’s Tesla price target of $234 and maintained the company’s BUY rating. In a note released last week, Gianarikas provided some insight into Tesla’s production and delivery numbers in the first quarter. year over year.

Buy 114
article thumbnail

Tesla price cuts are under-appreciated, investors should buy shares: Piper Sandler

Teslarati

Tesla ( NASDAQ: TSLA ) price cuts are being labeled as under-appreciated by analysts at Piper Sandler, who are indicating investors “should be “proactively buying” shares. Piper Sandler analysts believe the sentiment from consumers behind the price cuts is not being fully recognized.

Buy 122
article thumbnail

Tesla slashes Full Self-Driving monthly subscription price by 50%

Teslarati

Tesla has slashed the Full Self-Driving subscription price by 50 percent, bringing it down to $99 monthly from $199. The price to purchase Tesla’s Full Self-Driving suite outright has not changed. Tesla also offered a $ 99-a-month option for cars equipped with Enhanced Autopilot. I’d love to hear from you!

Price 135
article thumbnail

Hertz CEO Leaves After Buying 100,000 Teslas

The Truth About Cars

But few are notable as the debacle at Hertz, a company which most gearheads know decided to buy tens of thousands of electric vehicles only to bin them at severely subvented prices. This flood of product on the used car market surely didn’t help valuations of the things, though nor did Tesla itself during a round of its own price cuts.

Buy 114
article thumbnail

Tesla price cuts hinder Hertz earnings as it misses profit estimates

Teslarati

Tesla’s price cuts throughout the third quarter provided challenges for rental company Hertz ( NASDAQ: HTZ ), who adopted the electric automaker’s vehicles in 2021 for its fleet. The swings in pricing hindered Hertz’s Q3 earnings report, as it missed profit estimates. I’d love to hear from you!

Price 143
article thumbnail

Tesla (TSLA) receives “Buy” rating and higher price target from Jefferies

Teslarati

Tesla shares ( NASDAQ:TSLA ) are gaining momentum on Monday following a “Buy” rating and an updated price target from Jefferies. Houchois and his team noted that they expect Tesla in particular to benefit over its rival carmakers that are also moving into the electric vehicle segment.

Buy 144