This is a Austin news story, published by Yahoo Finance, that relates primarily to Tesla news.
For more Austin news, you can click here:
more Austin newsFor more automotive and transportation news, you can click here:
more automotive and transportation newsFor more news from Yahoo Finance, you can click here:
more news from Yahoo FinanceOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best tech news, business news, entertainment news, and much more. If you like automotive and transportation news, you might also like this article about
Tesla Stock. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest average Tesla stock price target news, Musk news, automotive and transportation news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
Elon MuskTipRanks
•73% Informative
Tesla (NASDAQ:TSLA) reported a 9% decline in quarterly revenue and a 48% decrease in adjusted profit.
In Q1 , Tesla ’s free cash flow turned negative.
The Austin -based company reported a deficit of $2.53 billion , representing a significant change from a year ago .
Some analysts are arguing that investors shouldn’t be valuing Tesla as a car company but as a tech company at the forefront of AI .
Tesla comes in as a Hold based on nine Buys, 15 Holds , and nine Sell ratings.
The average Tesla stock price target is $ 174.60 , implying 6.4% downside potential.
At 70x forward earnings, I simply can't put my money behind Tesla .
VR Score
68
Informative language
62
Neutral language
58
Article tone
semi-formal
Language
English
Language complexity
44
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
6
Source diversity
1
Affiliate links
no affiliate links