-+ 0.00%
-+ 0.00%
-+ 0.00%
After Tesla's vehicle deliveries were about 5% higher than the market's agreed expectations, UBS reiterated its neutral rating for the stock. The target price was $385, believing that the rebound trend in car sales would continue. However, the scale of implementation of the energy storage business fell short of expectations. UBS pointed out that the profit margin in this sector is higher than the company average, and the weak performance of the energy storage business will have a negative impact on the profit model.
Share
Listen to the news
After Tesla's vehicle deliveries were about 5% higher than the market's agreed expectations, UBS reiterated its neutral rating for the stock. The target price was $385, believing that the rebound trend in car sales would continue. However, the scale of implementation of the energy storage business fell short of expectations. UBS pointed out that the profit margin in this sector is higher than the company average, and the weak performance of the energy storage business will have a negative impact on the profit model.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending