Tesla had a great week, but one analyst still has doubts

Tesla Inc.’s stock on Monday gave back some of the previous week’s huge advance following a mixed quarterly earnings report, leading one analyst to say that it just goes to show how hard it is to make calls on the stock.

Bernstein’s Toni Sacconaghi, who has a rare sell rating on Tesla TSLA shares, said the EV maker’s fourth-quarter earnings report had a bit of something for bulls and for bears. Regardless, the “past week has been a reminder of how difficult Tesla’s stock is to call in the near term,” Sacconaghi said.

How many existing tesla owners will buy another? I’m sure another customer base will step up to replace the original one, right?

there's always one analyst with doubts

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tesla Bulls vs. Tesla Bears Debate (Video)Bears and bulls alike will have to address Tesla’s incredible growth and industry disruptions over the past few years What about the Tesla Girls?
Source: cleantechnica - 🏆 565. / 51 Read more »

Strong Tesla Profits & Demand Boost Tesla Bull Outlooks, But Concerns LingerTesla, investors are warming up to the idea of a big 2023 for the automaker, especially after the company’s recent quarterly earnings call.
Source: cleantechnica - 🏆 565. / 51 Read more »