Tesla shares to get hit this quarter on lower demand and margins, predicts Wells Fargo

Wells Fargo has an underweight recommendation on Tesla and a $120 price target, implying nearly 40% downside from Friday's close of $197.88.

Jul 2, 2024 - 03:00

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Tesla shares to get hit this quarter on lower demand and margins, predicts Wells Fargo

Wells Fargo has an underweight recommendation on Tesla and a $120 price target, implying nearly 40% downside from Friday's close of $197.88.

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