Search
Musk's Political Involvement Sparks Anxiety; UBS Downgrades Tesla: Stock Valuation 'Significantly' Exceeds Fundamentals
2 day ago /
Read about 0 minute
Author：小编
On Monday, local time, analysts at UBS asserted that Tesla's share price remains significantly overvalued on a fundamental basis. The analysts highlighted several risks facing Tesla, including potential elimination of electric vehicle tax credits by the US government and CEO Elon Musk's political engagements, while noting that the company's underlying business metrics are deteriorating. Consequently, UBS downgraded Tesla to a 'sell' rating with a target price of $215.
-
C114 Communication Network -
Communication Home
7 X 24 Track global technological trends
