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Yonhap Infomax NewsWells Fargo warns Tesla’s core automotive business is weakening, with May global deliveries down 23% year-on-year, maintaining a bearish $120 price target—over 60% below current levels—as competitive and political pressures mount.
#YonhapInfomax #Tesla #WellsFargo #AutomotiveBusiness #PriceTarget #GlobalDeliveries #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=67016
#YonhapInfomax #Tesla #WellsFargo #AutomotiveBusiness #PriceTarget #GlobalDeliveries #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=67016
Wells Fargo Says Tesla's Automotive Fundamentals Severely Weakened—Sets Price Target at $120
Wells Fargo warns Tesla’s core automotive business is weakening, with May global deliveries down 23% year-on-year, maintaining a bearish $120 price target—over 60% below current levels—as competitive and political pressures mount.
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