The Silicon Valley car maker could be on its way to becoming “the” leading luxury EV maker in China, analysts at Morgan Stanley say.
Tesla Inc. may be able to ramp up production in China faster than anyone believed, possibly landing the Silicon Valley car maker as the “leading luxury EV player” in the country, analysts at Morgan Stanley said Wednesday.
The analysts kept their rating on the stock as the equivalent of neutral and a price target of $230, a 10% downside over Wednesday’s prices. The Chinese market will remain “highly competitive,” however, and Tesla’s volume is likely to peak at 254,000 vehicles sold in 2024, before falling to the 160,000 to 170,000 range by 2030, they said.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
ClassPass Expands Into Corporate Wellness, Partnering With Google, Gatorade, And Morgan StanleyGlobal fitness powerhouse ClassPass expands into corporate wellness, partnering with Google, Gatorade, and Morgan Stanley amongst others.
Leer más »
ClassPass Expands Into Corporate Wellness, Partnering With Google, Gatorade, And Morgan StanleyGlobal fitness powerhouse ClassPass expands into corporate wellness, partnering with Google, Gatorade, and Morgan Stanley amongst others.
Leer más »
Tesla slides after cutting prices of vehicles shipped to China and downsizing its US product lineupThe standardized global vehicle lineup was 'in order to continue to improve affordability for customers,' Tesla's Chinese unit said in a statement.
Leer más »
Vietnam, China embroiled in South China Sea standoffVietnamese and Chinese ships have been embroiled in a weeks-long standoff near a...
Leer más »
Titans Linebacker Derrick Morgan Retires From NFL And Launches $200 Million Opportunity Zone FundDerek Morgan earned $44 million during his nine-year NFL career. His next act merges his passions for impact investing and real estate with a new Opportunity Zone fund.
Leer más »
Bagel Boss Guy Chris Morgan Signs Deal to Fight Other Viral CelebsThe angry Bagel Boss guy is gonna try blowing off some steam in a boxing ring this year.
Leer más »