'Should Have Sold Our Entire $TSLA Position,' Says Fund Manager, Following EV Giant's Coordinated Global Price Cuts Over Weekend
Black said he cut his Tesla earnings estimate and price target to reflect the weekend EV price cuts in the U.S. and China.The analyst estimates a revenue imp...
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Black said he cut his Tesla earnings estimate and price target to reflect the weekend EV price cuts in the U.S. and China.
The analyst estimates a revenue impact of $2.7 billion per year and 60 cents per share in earnings from price cuts across the world.
The analyst estimates a revenue impact of $2.7 billion per year and 60 cents per share in earnings from price cuts across the world.
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Published
Apr 22, 2024
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