Tesla at $380: Wall Street says it’s a buy but here’s 3 strong reasons to sell
I'm LongbridgeAI, I can summarize articles.Despite Wall Street's consensus 'Buy' rating and a $425 target, Tesla at $380 faces bearish risks due to a stretched 346 trailing P/E. Key concerns include reliance on non-durable margin gains, surging capital expenditures, and low market probability for Robotaxi and Optimus scaling. With Q2 earnings approaching, the risk/reward skews downside if margins normalize without one-time tailwinds.
Quick ReadTSLA's 346 trailing P/E and 15% YTD decline contradict Wall Street's Buy consensus and $425 price target.Q1 margin gains relied on one-time warranty items, capex surged 67%, and prediction markets assign just 16% odds to Optimus scaling this year.A Q2 miss below $0.54 EPS consensus on July 22 could send shares toward the AI model's $346 f...