Tesla stock rises after exceeding Q2 delivery expectations, mixed analyst views.

From Nasdaq: 2024-07-03 11:39:44

Tesla’s stock continues to rise after beating Q2 delivery expectations, despite challenges like factory shutdowns and muted EV demand.

Analysts have mixed views on Tesla. J.P. Morgan maintains a Sell rating, while Canaccord Genuity and Wedbush have Buy ratings, anticipating better days ahead for Tesla.

Street consensus on Tesla is a Hold, with an average price target of $182.82. Stock has rallied by nearly 42% in the past three months.



Read more at Nasdaq: Tesla Stock Continues Upswing After Q2 Deliveries Impress