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Ford to delay EV production at Oakville plant until 2027

Ford to delay EV production at Oakville plant until 2027
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JPMorgan says Tesla sales miss threatens rarified valuation

Tesla first-quarter deliveries fell short of estimates and may spell trouble for the stock, JPMorgan said.

TESLA : JP Morgan maintains a Sell rating -April 03, 2024 at 08:11 am EDT

JP Morgan analyst Ryan Brinkman reiterate his Sell rating on the stock. The target price has been revised downwards and is now set at USD 115 as compared to USD 130 previously.

Tesla Stock Price Target Cut at JPMorgan After Big Q1 Delivery Miss

"We caution Tesla shares could fall much further still should the company not be successful in quickly restoring unit volume and revenue growth."

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