6min chapter

Tesla Daily: Tesla News & Analysis cover image

Giga Berlin Expansion Plans, New Cybertruck Wrap, Software Update, Extended Financing (07.20.23)

Tesla Daily: Tesla News & Analysis

CHAPTER

Tesla's Earnings Report

Rob Bauer: Tesla today down just below 10% after the earnings report yesterday, 9.75% to close at $262.90,. The NASDAQ on the day today down over 2%. So definitely not helping out there any other day you might expect Tesla to be down in the 3.5, 4% range or so with that kind of a macro performance. Despite the stocks reaction, I think a little bit more favorable from analysts. Dan Ives for example increased his price target to what may be a street high at least close to a street high of $350 per share, up from 300 previously.

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