Tesla Q1 sales hurt by Musk's ‘polarizing politics,' says Cantor Fitzgerald [Yahoo! Finance]
Tesla, Inc. (TSLA)
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Source: Yahoo! Finance
Tesla also pre-announced that it had produced 362,615 vehicles in Q1, below the Visible Alpha consensus of 437,818 vehicles, the analyst tells investors in a research note. The firm says the company's sales in Q1 were affected by weak demand in Europe and CEO Elon Musk's “polarizing politics, among other reasons.” Cantor keeps an Overweight rating on the shares with a $425 price target Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks. Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now See today's best-performing stocks on TipRanks Read More on TSLA: Disclaimer & Disclosure Report an Issue Tesla Q1 delivery miss sets up ‘challenging path,' says Barclays Trump Tariffs Drive Up Tech Industry Costs Tesla Stock's AI Hype Faces Harsh Reality Check Tesla shares co
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