Passing along a snippet from RBC on EV maker Tesla (TSLA).
- says Tesla delivery fears may be overdone
- says the falls in drops in Europe and China are spatially a result of planned Model Y factory shutdowns
- RBC is optimistic that new models could boost sales in Q2 and Q3 2025
- RBC acknowledge that TSLA is losing market share
- projects FSD subscription pricing expected to drop to $50/month by 2026 (currently $100)
- lowers its price target to $320 from $440
This is an older pic, but attacks on Tesla vehicles are continuing. Here is a recent example:
Let’s hope folks can chill out.
This article was written by Eamonn Sheridan at www.forexlive.com.