March 16, 2020 Sophia Vida
Hot Stocks

Tesla Shares Plummet as Wall Street Analyst Cuts Estimates on Shipments

The coronavirus pandemic impact is hitting electric vehicle maker Tesla as a Wall Street analyst has cut estimates on shipments to reflect current views of the impact the virus will have on demand. Joseph Spak of RBC Capital Markets cut his price target on Tesla from $530 to $380, with a rating of underperform. Shares … Continue reading “Tesla Shares Plummet as Wall Street Analyst Cuts Estimates on Shipments”