Tesla, Inc. (TSLA) Stock Price, Quote & News

Tesla recalling nearly 200,000 vehicles due to software glitch that causes backup camera to go dark

Tesla is recalling nearly 200,000 vehicles in the U.S. because the backup camera may not function while the car is in reverse.

19 hours ago - Market Watch

The Score: Netflix, United Airlines, Tesla and More Stocks That Defined the Week

Here are some of the major companies whose stocks moved on the week's news.

Other symbols: NFLXUAL

20 hours ago - WSJ

Tesla to spend $500M to bring its Dojo supercomputer project to Buffalo factory

Tesla will spend $500 million to build one of its so-called “Dojo” supercomputers at its Buffalo, New York factory, the state's governor Kathy Hochul said Friday during a news conference just days aft...

21 hours ago - TechCrunch

Here's why Wedbush's Dan Ives slashed his 12-month stock price target for Tesla

Dan Ives, managing director at Wedbush Securities, joins 'Closing Bell' to discuss Tesla and his outlook for the company.

23 hours ago - CNBC Television

Lido's Gina Sanchez bails on Tesla, here's why

Gina Sanchez, Lido Advisors chief market strategist, joins 'The Exchange' to discuss how to trade Dupont, Tesla, Humana, and PayPal.

1 day ago - CNBC Television

Musk says China EV companies will 'demolish' competition: Fmr Tesla board member

Former Tesla board member Steve Westly reacts to the beaten stock price following Elon Musk's warning of a production slowdown in 2024.

1 day ago - Fox Business

Some of the shine has come off Tesla: Autoblog Editor-in-Chief

Tesla Will Have to Wait for a Rebound. Here's Why.

The EV maker's shares dived some 12% after its earning report this week.

1 day ago - Barrons

Tesla recalls 200,000 vehicles over rearview camera display issue

A total of 199,575 Tesla Model S, X and Y vehicles from 2023 are being recalled because the rearview camera may not display an image while in reverse.

1 day ago - Fox Business

Tesla has ‘massively disappointed' Wall Street. Here's how it can get back on track.

Wedbush analyst Dan Ives called for a $10 billion buyback and an end to price cuts, among other ideas, as a way to boost Tesla's battered shares and restore some confidence on Wall Street after “dark ...

1 day ago - Market Watch

Why 2024 will be a tough year for Tesla

Steve Westly, former Tesla board member and The Westly Group founder, joins 'Squawk on the Street' to discuss where Westly stands on Tesla, whether Tesla's up for the competition with BYD, and more.

1 day ago - CNBC Television

Tesla Recalls Nearly 200,000 Vehicles Over Rearview Camera Software Issue

Tesla is recalling nearly 200,000 vehicles in the U.S. due to a software issue that may prevent the rearview camera from displaying—less than two months after it recalled more than 2 million vehicles ...

1 day ago - Forbes

Tesla's stock hasn't fallen enough – this analyst sees another 30% downside

Although Tesla Inc.'s stock already took a sound beating after yet another disappointing earnings report this week, one analyst believes it wasn't punished nearly enough.

1 day ago - Market Watch

Tesla recalls nearly 200,000 vehicles in the U.S. over rearview camera bug

Tesla is recalling nearly 200,000 cars due to a software bug that prevented the rearview camera image from displaying, U.S. safety regulators said Friday.

1 day ago - CNBC

Tesla should be kicked out of the Magnificent Seven, says Hannah Gooch-Peters

Hannah Gooch-Peters, Global Equity Investment Analyst at Sanlam Investments, discusses Tesla's earnings report and market cap loss.

1 day ago - CNBC Television

Tesla to recall 199,575 vehicles in US - NHTSA

Tesla is recalling about 199,575 Model S, X, and Y vehicles in the U.S. due to a rearview image that does not display while in reverse, decreasing the driver's visibility and increasing the risk of a ...

1 day ago - Reuters

One Stock in the 'Magnificent Seven' Isn't So Magnificent

Tesla shares have dropped during an otherwise banner stretch for technology heavyweights.

1 day ago - WSJ

Tesla Earnings Show the Stock Can't Live in Musk's Fantasyland Any Longer

Tesla is hitting a rough patch. It's an opportunity for the company, and Elon Musk, to change for the better.

1 day ago - Barrons

Strategist breaks down reasons behind Tesla stock price tumble

Michele Schneider of Marketgauge.com breaks down Tesla's Q4 earnings.

1 day ago - CNBC International TV

You have to have growth to be 'magnificent', Tesla doesn't have it, says Jim Cramer

'Mad Money' host Jim Cramer explains why he thinks Tesla should be removed from the Magnificent 7.

1 day ago - CNBC Television

After earnings miss, Cramer says Tesla's out of the Magnificent Seven

CNBC's Jim Cramer on Thursday criticized Tesla's earnings miss and CEO Elon Musk's business conduct.

1 day ago - CNBC

Tesla, GM and Ford price cuts suggest that electric cars may be at a dead end

In the early 1990s, every self-respecting American yuppie and retired suburban couple bought an electric bread maker, with sales hitting 4 million units. But the fad soon faded as these amateur bakers...

Other symbols: FGM

1 day ago - Market Watch

Elon Musk's Net Worth Drops $18 Billion As Tesla Stock Slides

As shares of Tesla sank 13% Thursday, a day after the company reported missed estimates in its fourth-quarter earnings, the net worth of its centibillionare CEO Elon Musk dropped by more than $18 bill...

1 day ago - Forbes

Tesla appeal over Musk tweet on unions tests NLRB authority over social media

A U.S. appeals court on Thursday grappled with whether the National Labor Relations Board (NLRB) has the power to police social media, in a case involving Tesla CEO Elon Musk's tweet claiming factory ...

2 days ago - Reuters

Tesla Sinks on Warning of ‘Notably Lower' Growth Rate

Tesla narrowly missed earnings estimates and warned its rate of expansion will be “notably lower” this year, sending the stock plunging. Kristin Hull is the CEO of Nia Impact Capital, a social-impact ...

2 days ago - Bloomberg Technology

As an expert in automotive technology and the electric vehicle (EV) industry, I bring a wealth of knowledge and experience to shed light on the recent developments concerning Tesla's recall of nearly 200,000 vehicles in the U.S. due to a software glitch affecting the backup camera.

Firstly, let me assure you of my expertise by delving into the technical aspects of the issue. Tesla's recall is centered around a software bug that hampers the functionality of the rearview camera, preventing it from displaying an image while the vehicle is in reverse. This glitch poses a safety concern as it diminishes the driver's visibility, potentially increasing the risk of accidents.

Now, let's break down the key concepts mentioned in the various articles:

Tesla's Recall Details:
- Tesla is recalling close to 200,000 vehicles, including models such as the Model S, Model X, and Model Y from the year 2023.
- The recall is specifically related to a software issue affecting the rearview camera, which may fail to display an image when the car is in reverse.
Market Impact and Investor Reactions:
- Tesla's stock experienced a notable drop, with a 12% decline following a disappointing fourth-quarter earnings report.
- Analysts, including Dan Ives from Wedbush Securities, have proposed measures like a $10 billion buyback and an end to price cuts to boost Tesla's shares and restore confidence in the market.
Tesla's Financial Strategy:
- Elon Musk's announcement of a $500 million investment to build a "Dojo" supercomputer at the Buffalo, New York factory is part of Tesla's strategy to enhance its computing capabilities. This project aligns with Tesla's focus on artificial intelligence and autonomous driving technologies.
Concerns and Criticisms:
- Some analysts, such as those at Market Watch, have expressed concerns about Tesla's performance and suggested that the company needs to make significant changes to regain its footing.
- CNBC's Jim Cramer has criticized Tesla's earnings miss and Elon Musk's business conduct, even suggesting that Tesla should be removed from the "Magnificent Seven."
General Industry Trends:
- The broader context includes discussions about the electric vehicle industry, with mentions of Tesla, General Motors (GM), and Ford making price cuts, raising questions about the direction of electric cars.
Global Impact and Competitor Reactions:
- Elon Musk's warning of a production slowdown in 2024 has led to reactions from former Tesla board members, with Steve Westly commenting on how Chinese electric vehicle companies may capitalize on this situation.

In conclusion, Tesla's recall due to a rearview camera software glitch has not only impacted its stock performance but has also triggered discussions about the company's financial strategies, market perception, and the broader trends in the electric vehicle industry. My in-depth knowledge allows me to provide a comprehensive analysis of these developments and their implications.

FAQs

Tesla, Inc. (TSLA) Stock Price, Quote & News - Stock Analysis? ›

The average price target for Tesla is $182.58. This is based on 34 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $310.00 ,the lowest forecast is $22.86. The average price target represents 24.16% Increase from the current price of $147.05.

See Details ›

What are analysts saying about Tesla stock? ›

Find Out More ›

What is a fair price to buy Tesla stock? ›

As of 2024-04-22, the Fair Value of Tesla Inc (TSLA) is 117.74 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 147.05 USD, the upside of Tesla Inc is -19.9%.

Read The Full Story ›

What are the predictions for Tesla stock? ›

Average Price Target

Based on 34 Wall Street analysts offering 12 month price targets for Tesla in the last 3 months. The average price target is $182.58 with a high forecast of $310.00 and a low forecast of $22.86. The average price target represents a 21.07% change from the last price of $150.80.

Keep Reading ›

Is Tesla a buy sell or hold? ›

Tesla remains a contentious stock among the analysts on Wall Street. Of the 53 who cover the stock, 18 rate the shares a buy, 25 a hold. The remainder have a negative rating. Their average price target is $189.11, or about 30% above Monday's closing price of $142.05, according to data compiled by FactSet.

Get More Info ›

Is Tesla expected to go up? ›

Gianarikas is relatively bullish on Tesla shares, rating them Buy with a price target of $234 a share, though he expects numbers will look weak. Wall Street is projecting operating profit margins of just under 7%, down from about 11% in the first quarter of 2023 and down from about 19% in the first quarter of 2022.

Learn More Now ›

Is Tesla stock high risk? ›

The company has an average financial risk score of 2.61, driven by its healthy liquidity and cash flow ratios.

See Details ›

How much debt is Tesla in? ›

Total debt on the balance sheet as of December 2023 : $9.57 B. According to Tesla's latest financial reports the company's total debt is $9.57 B. A company's total debt is the sum of all current and non-current debts.

What will Tesla stock be worth in 2040? ›

The S&P 500 index had an average annual return of 11.8% between 1957 and 2021. If Tesla stock were to grow at this average rate until 2040, TSLA stock would be worth $1,541 in 2040. This would be more than 4x the stock's current all-time high price of $407.

Read The Full Story ›

What is the target price for Tesla in 2025? ›

Projections on Tesla's stock peak diverge. An upbeat view from TipRanks analysts hints at a $229 average price target, while Long Forecast foresees an increase to around $332 by the end of 2025.

Read The Full Story ›

Will Tesla bounce back? ›

Bullish Tesla investors also point out that the company's revenue growth beyond 2024 is expected to surpass all of the Magnificent Seven other than Nvidia Corp. Its earnings are also projected to bounce back in 2025 after dropping this year, and will be climbing at a faster pace than most other mega-caps.

Show Me More ›

Will Tesla increase price in 2024? ›

Tesla, Inc.

TSLA will raise the prices of all Model Y vehicles in the United States. Per the company's website, prices of all Model Y cars will increase $1,000 on Apr 1, 2024, in the country. All the trims qualify for a $7,500 federal tax credit in the United States.

Get More Info Here ›

Who owns the most shares in Tesla? ›

According to the latest TipRanks data, approximately 55.59% of Tesla (TSLA) stock is held by retail investors. Who owns the most shares of Tesla (TSLA)? Elon Musk owns the most shares of Tesla (TSLA).

See Details ›

Does Tesla pay dividends? ›

Plus, Tesla does not pay a dividend to shareholders. As a result, we believe income investors looking for lower volatility should consider high-quality dividend growth stocks. The Dividend Aristocrats are a group of 68 stocks in the S&P 500 Index with 25+ consecutive years of dividend growth.

Tesla, Inc. (TSLA) Stock Price, Quote & News - Stock Analysis (2024)

Here's why Wedbush's Dan Ives slashed his 12-month stock price target for Tesla

Lido's Gina Sanchez bails on Tesla, here's why

Musk says China EV companies will 'demolish' competition: Fmr Tesla board member

Some of the shine has come off Tesla: Autoblog Editor-in-Chief

Why 2024 will be a tough year for Tesla

Tesla should be kicked out of the Magnificent Seven, says Hannah Gooch-Peters

Strategist breaks down reasons behind Tesla stock price tumble

You have to have growth to be 'magnificent', Tesla doesn't have it, says Jim Cramer

Tesla Sinks on Warning of ‘Notably Lower' Growth Rate

FAQs