Tesla Stock Set For Brighter Days After 23% Post-Earnings Slide? 2 Bulls Weigh In: 'It's A Table-Pounder'
Portfolio Pulse from Shanthi Rexaline
Tesla, Inc. (NASDAQ:TSLA) shares have been on a slide, losing 23% since the second-quarter earnings call. Analysts Gary Black and Daniel Ives weighed in on the situation. Black criticized Tesla's strategy of price cuts to drive volume, while Ives sees the price cuts as a strategic move and an opportunity for the company. Tesla's stock was up 0.44% in premarket trading.
August 17, 2023 | 12:12 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Tesla's stock has been sliding, losing 23% since the second-quarter earnings call. The company's strategy of price cuts to drive volume has been criticized by some analysts, while others see it as a strategic move and an opportunity.
The stock has been sliding due to concerns about the company's strategy of price cuts to drive volume. This strategy has been criticized by some analysts, which could negatively impact investor sentiment and put downward pressure on the stock. However, other analysts see the price cuts as a strategic move and an opportunity for the company, which could potentially offset some of the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100