Assuming the Twitter situation has stabilized for the moment, the biggest potential downside to TSLA stock is the ripple effects of the company’s Shanghai plant shutdown. With a 22-day closure in April followed by reduced production and the Covid-19 lockdown’s impact on EV sales in China, the news on that front is not going to be good.However, it’s important to recognize that this was a limited time event. Production is ramping back up.Chinese EV demand is ramping back up. Any hit to TSLA stock
Is It Time to Buy Tesla Stock? This Analyst Thinks So
UBS upgraded $Tesla(TSLA)$ to a Buy from Neutral while keeping its price target unchanged at $1,100.Record-high order backlogs, increasing margins and a competitive edge in the supply chains of the el
Apple: What to Look Out for at the Upcoming WWDC 2022 Event
Upside of 32%.Turning now to the rest of the Street, where the average target clocks in at $186.45 and factors in 12-month gains of 28%. Looking at the ratings, based on 21 Buys vs. 6 Holds, the analyst consensus rates the stock a Strong Buy.