Tesla market value debate rages: stodgy automaker or a high-growth tech company?

. — combined. Now, analysts and investors are starting to doubt that this premium is justified.

may be taking a hit surfaced after Tesla’s third-quarter deliveries fell short of expectations. But investors’ angst intensified amid a barrage of headlines in late December and earlier this month, including a temporary production halt in China, news of heavy discounting in the US and most importantly, the fourth-quarter deliveries that also disappointed.

Analysts’ average estimates now reflect an expectation for Tesla’s revenue to grow 33% in 2023, which while significant is still below Tesla’s own long-term outlook of 50% expansion. In comparison, GM’s revenue is expected to rise 2.6% this year, and Ford’s 1.6%.

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JPMorgan, Wells Fargo and Bank of America beat earnings expectations, but worries about 'headwinds' remainU.S.'s largest banks by market cap top their profit targets its earnings target but CEO Jamie Dimon warns of uncertain economic times ahead They’re gonna keep warning of headwinds until they can buy as much stock at low prices as possible, even if there aren’t actual headwinds. All manipulation. market will rise 20% 2023 👍✌🏻
Source: MarketWatch - 🏆 3. / 97 Read more »