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Tesla Needs ‘Way More’ Spending But Cash Is Tight, Paul Meeks Warns Ahead Of Q1 Earnings Print

Tesla Needs ‘Way More’ Spending But Cash Is Tight, Paul Meeks Warns Ahead Of Q1 Earnings Print

During an interview with CNBC, Meeks stated that Tesla is currently caught in the crosshairs ahead of its first-quarter earnings later today, citing its declining electric vehicle sales. Meeks added that Tesla’s current position is a “little scary,” noting that investors will want to see some stabilization in the company’s EV business. The analyst added...

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JP Morgan is very worried about Tesla stock, sees it crashing 60% ‘mainly due to’ China, which continues to…

JP Morgan is very worried about Tesla stock, sees it crashing 60% ‘mainly due to’ China, which continues to…

JP Morgan warns investors about Tesla, maintaining an ‘Underweight’ rating and a $145 price target. Concerns stem from weak Q1 deliveries, a record inventory of unsold cars, and fierce competition, especially from China’s BYD. Tesla’s aggressive price cuts are losing effectiveness, impacting margins and cash flow. Future growth hinges on unproven robotaxi and robot ventures,...