Tesla Bull Shrugs Off Current Phase As 'Pause Into Next Phase Of Growth Story,' Calls UAW Strike A 'Win-Win' For EV Maker
Portfolio Pulse from Shanthi Rexaline
Analyst Dan Ives remains bullish on Tesla (TSLA) despite its current lackluster phase. He views the UAW strike as a win for Tesla, as it could lead to higher costs for Detroit automakers like General Motors (GM), Ford (F), and Stellantis (STLA), which could be passed on to consumers. Ives also believes Tesla will be able to absorb excess inventory by Q4 and that demand will increase with the start of Cybertruck production. He sees Tesla gaining market share in China and views the company as a disruptive technology company rather than just an auto company.
October 04, 2023 | 7:19 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Analyst Dan Ives remains bullish on Tesla, predicting increased demand with the start of Cybertruck production and the company's ability to absorb excess inventory by Q4. He also views the UAW strike as a win for Tesla.
The news is directly related to Tesla and contains positive predictions from a bullish analyst. This could potentially influence investor sentiment and impact the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
The UAW strike could lead to higher costs for Ford, which could be passed on to consumers, according to analyst Dan Ives.
The news mentions potential negative impacts for Ford due to the UAW strike. This could potentially influence investor sentiment and impact the stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 60
NEGATIVE IMPACT
The UAW strike could lead to higher costs for General Motors, which could be passed on to consumers, according to analyst Dan Ives.
The news mentions potential negative impacts for General Motors due to the UAW strike. This could potentially influence investor sentiment and impact the stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 60
NEGATIVE IMPACT
The UAW strike could lead to higher costs for Stellantis, which could be passed on to consumers, according to analyst Dan Ives.
The news mentions potential negative impacts for Stellantis due to the UAW strike. This could potentially influence investor sentiment and impact the stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 60