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Tesla Misses Delivery Estimates. Now Wall Street Is Worried About This.

Por: MarketWatch Business January 03, 2023

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Shares are down 13.7% at $106.31 in midday trading Tuesday. The and were off about 0.9% and 0.7%, respectively. The delivery shortfall, relative to expectations, “isn’t entirely shocking,” wrote Citi analyst in a research note, citing Covid issues in China and macroeconomic factors such as rising interest rates. He rates Tesla stock at Hold and has a $176 price target, adding there is a lot of bad news baked into the current share price.... + full article



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