Weekly Recap | Tesla -7.31%, Roadster fade after debut
Weekly Review·
- Tesla shares fell 7.31% this week to close at 354.72 USD, underperforming the S&P 500 index.
- The company officially unveiled its next-generation Roadster electric sports car featuring breakthrough performance, though market excitement quickly faded with heavy selling pressure.
- Institutions maintained a consensus buy rating with an average target price of 397.83 USD ahead of the third-quarter earnings report scheduled for October 21.