Tesla (NASDAQ: TSLA), the electric vehicle (EV) and clean energy company, has recently been facing pressure on its profit margins due to unprecedented price cuts, leading some experts to predict a potential fade in its stock valuation in the coming months
Analysts at Piper Sandler reiterated an ‘Overweight’ rating on Tesla earlier this week and trimmed their price objective on the stock to $280 from $300 per share.
As Tesla’s margins continue to face pressure due to…
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