Weekly Recap | Tesla +2.15%, Semi debut fails to fire
Weekly Review·
- Tesla stock accumulated a 2.15 % gain to close at 372.11 USD this week, outperforming the S&P 500 while experiencing a late-week pullback.
- The company announced the large-scale production and delivery of the Semi electric truck at its Nevada factory, alongside new Roadster teasers and Chinese purchase incentives.
- Institutional coverage maintained a consensus buy rating with a target price of 396.62 USD, despite high valuation metrics and divergent market reactions to product updates.