Tesla Inc. shares lost 3.74% over the last week, reflecting a decline attributed to disappointing Q2 financial results that included a 12% year-over-year revenue drop. The stock remains down 22.60% from its peak on January 15 and nearly 31% since its all-time high on December 17, 2024. Analysts have adjusted their price targets for TSLA, with revisions ranging between $215 and $475. Despite current struggles, some investors view potential buying opportunities, although competition in the EV market is intensifying.
Tesla's stock lost 3.74% in the past week, driven down by poor Q2 financials. Revenues dropped 12% YoY and vehicle deliveries fell 14% YoY.
Goldman Sachs, Benchmark, UBS, and Mizuho adjusted their price targets for TSLA, reflecting diverse expectations; price targets now range from $215 to $475.
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