Weekly Recap | Tesla +3.21%, most brokers rate it buy
Weekly Review·
- Tesla shares rose 3.21% this week to close at 365.44 dollars, outperforming the S&P 500 while facing ongoing regulatory scrutiny over driving safety and competition in China.
- The company advanced its market presence by introducing the European Semi truck specifications with a 550 km range and signing a 3 GWh Megapack storage agreement with Zhero.
- Out of 48 covering institutions, the consensus rating remained a buy with an average target price of 390.09 dollars, despite divergent views ranging from 125.000 to 600.000 dollars.