Tesla Inc TSLA

Consumer Cyclical Auto Manufacturers

Tesla, Inc. designs, develops, manufactures, sells and leases high-performance fully electric vehicles and energy generation and storage systems, and offers services related to its products. The Company's segments include automotive, and energy generation and storage. The automotive segment includes the design, development, manufacturing, sales and leasing of high-performance fully electric vehicles, and sales of automotive regulatory credits. It also includes sales of used vehicles, non-warranty after-sales vehicle services, body shop and parts, paid supercharging, vehicle insurance and retail merchandise. Its consumer vehicles include the Model 3, Y, S, X and Cybertruck. The energy generation and storage segment includes the design, manufacture, installation, sales and leasing of solar energy generation and energy storage products and related services and sales of solar energy systems incentives. Its lithium-ion battery energy storage products include Powerwall and Megapack.

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Tesla Inc

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Post by Active_Traderon Jun 26, 2023 11:40am

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Tesla (TSLA) gets hit with another downgrade after the stock

Tesla (TSLA) gets hit with another downgrade after the stock's roughly 24% rise since the start of June. Goldman Sachs on Sunday moved its rating on the electric-vehicle maker to neutral, from buy, on the belief that the stock now reflects the firm's "positive long-term view of Tesla's growth potential and competitive positioning." Goldman raised its price target to $248 a share, from $185.

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