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Tesla tumbles after posting quarterly results. Here’s what the pros say

Chaim Potok by Chaim Potok
October 19, 2023
in Investing
Tesla tumbles after posting quarterly results. Here’s what the pros say
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Market Movers rounded up the latest reactions on Tesla from investors and analysts. The pros discussed the electric vehicle maker after it reported earnings that fell short of analysts’ estimates , the first time since the second quarter of 2019 that Tesla has missed on both earnings and revenue. Additionally, analysts from Goldman Sachs, Citi and Morgan Stanley cut their price targets on Tesla, whose stock slid 9.3% Thursday.

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