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☆ Elon Musk's problems keep piling up as Tesla's value slides $188 billion this year
▼ + stars: | 2024-02-24 | by ( George Glover | ) www.businessinsider.com time to read: +6 min

The world's richest person has faced problems at Tesla, SpaceX and X, ranging from a tanking Tesla valuation to an X advertiser exodus. Tesla's stock slide has erased about $188 billion from its valuation this year, according to Business Insider's calculations. The stock closed at just under $192, leaving it worth just over $600 billion at the close of trading Friday. Before you start feeling too sorry for Musk, though, he's still worth $208 billion. Justin Sullivan/Getty ImagesDelaware pay rulingTo add insult to injury, a Delaware judge also ruled against Musk's $55 billion Tesla pay package last month.

Persons: —, Elon Musk, Tesla, Seth Goldstein, Morningstar, Roth, Craig Irwin, Warren Buffett's Berkshire Hathaway, Eli Lilly, he's, He's, Elon, Justin Sullivan, Musk, rkbH7mKNw2, Fidelity, Axios, Starlink, Russia's Organizations: Service, Elon, SpaceX, Business, Big Tech, Microsoft, Apple, Nvidia, Meta, Tesla, EV, Bloomberg, Wall, Getty Images Delaware, Musk's, Lone Star, Twitter, Insider Intelligence, X Locations: Delaware, Tesla, Texas, Ukrainian, Chernihiv, Ukraine, Kyiv, Houston

Roth MKM downgraded the company to neutral from buy and cut its price target by $9 to $2. Janney, meanwhile, downgraded ChargePoint and assigned a price target of $5, which implies roughly 59% potential upside. Stifel, on the other hand, kept its buy rating and $10 price target based on its long-term view of the stock. Analyst Joseph Moore upgraded the semiconductor manufacturer to overweight from equal weight and upped his price target on the stock by $49 to $225. Kumar has an overweight rating on the stock and a price target of $620, implying upside of 25%.

Persons: Morgan Stanley, Piper Sandler, Roth MKM, Janney, Roth, Craig Irwin, — Pia Singh, Tyler Radke, Radke, Mark Mahaney, Mahaney, Airbnb, Joseph Moore, Moore, Harsh Kumar, Kumar, Fred Imbert Organizations: CNBC, EV, Citi, Communications, Microsoft, ISI, Nvidia Locations: Thursday's, North America, Europe, 2Q24 —, U.S

The world's most valuable automaker was set to lose nearly $50 billion in market value, based on premarket share movements. The comments marked a change in tone from Tesla CEO Musk, who had said his company was "recession-resilient" last year. The EV maker missed revenue estimates on Wednesday by the most in more than three years despite hefty price cuts. Reuters GraphicsOverall, 10 analysts cut their price targets on the stock, pushing the median view to $260, according to LSEG data. Tesla shares fell 6.1% at $227.96 in premarket trading.

Persons: Tyrone Siu, Elon, Tesla, Musk, Canaccord, Bernstein, Toni Sacconaghi, Craig Irwin, Aditya Soni, Akash Sriram, Shounak Dasgupta, Anil D'Silva Organizations: Tesla, REUTERS, Ford Motor, General Motors, Reuters Graphics, Ford, Roth Capital, Reuters, Thomson Locations: Taipei, Taiwan, Bengaluru

☆ This individual investor favorite has endured even as other meme stocks fell from favor
▼ + stars: | 2023-09-17 | by ( Alex Harring | ) www.cnbc.com time to read: +5 min

Retail traders have made the leap from so-called meme stocks , including GameStop and AMC , over the past few years. All the while, Tesla inflows from retail traders have mostly climbed in the past half decade, according to data analyzed by Vanda Research. "It's a growth stock, but it's really a hopes-and-dreams stock," said Irwin, who covers Tesla and other clean technology stocks. Tesla's climb also comes amid a broader buy in from retail investors in their favorites. "This is probably a golden era for Tesla," Irwin said.

Persons: Tesla, —, Roth, Craig Irwin, Irwin, it's, Elon Musk, Ford, hasn't, Dan Levy, Toyota's Organizations: GameStop, AMC, Vanda Research, Trust, General Motors, Barclays, Toyota Locations: Wall, U.S, China, Europe

☆ Roth Capital's Craig Irwin on why he's not convinced by Tesla's rally
▼ + stars: | 2023-07-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRoth Capital's Craig Irwin on why he's not convinced by Tesla's rallyCraig Irwin, Senior Research Analyst at Roth Capital, discusses his expectations for Tesla's earnings report.

Persons: Roth, Craig Irwin, he's Organizations: Senior, Roth Capital

☆ Tesla is egregiously overvalued, says Roth Capital's Craig Irwin
▼ + stars: | 2023-07-03 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla is egregiously overvalued, says Roth Capital's Craig IrwinCraig Irwin, Roth Capital senior research analyst, and Ray Wang, Constellation Research principal analyst, joins 'Squawk Box' to discuss each analyst's thoughts on Tesla's stock, the type of investors who are long Tesla, and more.

Persons: Tesla, overvalued, Roth, Craig Irwin Craig Irwin, Ray Wang Organizations: Roth Capital, Constellation Research

☆ Tesla stock's sizzling rally won't last as old-guard rivals like Ford and GM pile into the EV space, analyst says
▼ + stars: | 2023-06-30 | by ( George Glover | ) www.businessinsider.com time to read: +3 min

Tesla's sizzling rally won't last forever due to old-guard rivals like Ford producing more EVs, according to one analyst. The tech giant's shares have soared 109% in 2023 thanks to a breakneck rally since late April. But some of Wall Street's biggest names – including Goldman Sachs and Morgan Stanley – are warning the stock now looks overvalued. Tesla's stock has soared 109% in 2023, on track for the biggest six-month gain since 2020. Read more: Tesla stock's best run since 2020 is spoilt by Wall Street downgrades as Goldman Sachs, Morgan Stanley flag overvaluation risks

Persons: Tesla's, Goldman Sachs, Morgan Stanley –, —, Craig Irwin, I've, you've, – Ford, General Motors, that's, Tesla, Musk, Linda Yaccarino, Morgan Stanley, Irwin Organizations: Service, ROTH Capital Partners, Elon, Ford, GM ramping, Yahoo Finance, General, Big Tech, EV, Barclays, Yahoo, Tesla Locations: Wall

☆ Tesla owners will hate waiting in charging lines behind Ford and GM cars, analyst says
▼ + stars: | 2023-06-12 | by ( Cadie Thompson | ) www.businessinsider.com time to read: +4 min

Tesla owners have previously enjoyed sole access to the company's charging stations. Tesla owners probably won't be very happy that the EV maker is opening up its Supercharger network to outsiders. Tesla's Supercharger network is comprised of some 7,000 locations in North America, according to the Department of Energy. But allowing other car owners to use the network may also eventually benefit Tesla owners, too. How do you feel about Tesla allowing other EV owners to use the Supercharger network?

Persons: Tesla, Craig Irwin, you've, Irwin isn't, Gene Munster, Cathie Wood, Wood, CThompson Organizations: General Motors, Ford, Morning, Detroit automaker, GM, Roth Capital Partners, Yahoo Finance, Deepwater Asset Management, CNBC, Department of Energy, Ark Invest Locations: North America

☆ Here's why Tesla stock is rallying
▼ + stars: | 2023-06-07 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's why Tesla stock is rallyingCraig Irwin, Roth Capital senior analyst, joins 'Squawk on the Street' to discuss Tesla's recent stock price surge, what needs to happen for Tesla's stock price to fall, and more.

Persons: Craig Irwin Organizations: Roth Capital

☆ Roth Capital's Craig Irwin doesn't believe Tesla demand is as strong as Musk claims
▼ + stars: | 2023-04-19 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRoth Capital's Craig Irwin doesn't believe Tesla demand is as strong as Musk claimsCraig Irwin, Roth Capital senior analyst, joins 'Closing Bell: Overtime' to discuss Tesla after the company reported earnings.

☆ Watch CNBC's full interview with Colin Langan and Craig Irwin
▼ + stars: | 2023-01-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Colin Langan and Craig IrwinWells Fargo analyst Colin Langan and Roth Capital analyst Craig Irwin join 'Squawk on the Street' to discuss their thoughts on Tesla and the jump in the stock this morning.

☆ Earnings momentum in Tesla negative and will probably stay that way a few months, says Roth Capital's Irwin
▼ + stars: | 2023-01-03 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEarnings momentum in Tesla negative and will probably stay that way a few months, says Roth Capital's IrwinCraig Irwin, Roth Capital sr. research analyst, joins 'Closing Bell' to discuss his neutral rating and $85 price target on Tesla.

☆ Tesla's stock is headed for its worst month, quarter and year on record
▼ + stars: | 2022-12-27 | by ( Rohan Goswami | ) www.cnbc.com time to read: +3 min

Elon Musk's electric car company is days away from closing out its worst month, quarter and year on record and has moved past Meta to become the worst-performing stock in 2022 among the most valuable tech companies. For the month of December, Tesla has plunged 43%, by far its worst month ever, as it had never fallen more than 25% in a single month. And in the fourth quarter, the stock is down 58%, worse than its 38% drop in the second quarter of this year, which had been its worst period on record. Those discounts came after the automaker offered incentives in mainland China for December auto sales earlier this month. Twitter is bleeding cash, and Musk is selling Tesla stock in big chunks.

☆ Elon Musk needs to focus on operations at Tesla, says Roth Capital's Craig Irwin
▼ + stars: | 2022-12-27 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailElon Musk needs to focus on operations at Tesla, says Roth Capital's Craig IrwinCraig Irwin, Roth Capital senior research analyst, joins CNBC's 'Squawk on the Street' to discuss why he thinks shares of Tesla are overvalued.

☆ Watch CNBC's full interview with Roth Capital's Craig Irwin on Tesla
▼ + stars: | 2022-12-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Roth Capital's Craig Irwin on TeslaCraig Irwin, Roth Capital senior research analyst, joins CNBC's 'Squawk on the Street' to discuss why he thinks shares of Tesla are overvalued.

☆ Roth Capital's Irwin: Tesla egregiously overvalued based on hype
▼ + stars: | 2022-12-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRoth Capital's Irwin: Tesla egregiously overvalued based on hypeCraig Irwin of Roth Capital discusses the big decline in Tesla's stock price over the past year, Elon Musk's Twitter acquisition and where Tesla should reasonably be valued.

☆ Tesla's stock should not be valued more than Toyota, says Roth Capital's Craig Irwin
▼ + stars: | 2022-12-09 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla's stock should not be valued more than Toyota, says Roth Capital's Craig IrwinCraig Irwin, Roth Capital senior research analyst, joins CNBC's 'Squawk Box' to break down his $85 price target for shares of Tesla.

☆ Watch CNBC's full interview with New Street's Pierre Ferragu and Roth Capital's Craig Irwin
▼ + stars: | 2022-12-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with New Street's Pierre Ferragu and Roth Capital's Craig IrwinPierre Ferragu, analyst at New Street Research, and Craig Irwin, analyst at Roth Capital, join 'Squawk on the Street' to discuss whether demand trends or sentiment favor Tesla over peers and more.

☆ People need to look carefully at what they're willing to pay for Tesla, says Roth Capital's Irwin
▼ + stars: | 2022-12-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPeople need to look carefully at what they're willing to pay for Tesla, says Roth Capital's IrwinPierre Ferragu, analyst at New Street Research, and Craig Irwin, analyst at Roth Capital, join 'Squawk on the Street' to discuss whether demand trends or sentiment favor Tesla over peers and more.

☆ Watch CNBC's full interview with Oppenheimer's Colin Rusch and Roth Capital's Craig Irwin
▼ + stars: | 2022-11-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Oppenheimer's Colin Rusch and Roth Capital's Craig IrwinColin Rusch, Oppenheimer senior research analyst, and Craig Irwin, Roth Capital senior research analyst, join 'Power Lunch' to discuss the bull and bear case for Tesla's stock.

☆ Tesla falls after delivery warning sparks doubts over growth momentum
▼ + stars: | 2022-10-20 | by ( ) www.reuters.com time to read: +2 min

At least five brokerages cut their price target on the stock, citing softer delivery in 2022, with Wedbush Securities making the biggest cut of $60 to bring its target to $300. Register now for FREE unlimited access to Reuters.com RegisterThe stock, which is down 37% this year, fell 4.6% to $211.80 in premarket trading. In its quarterly earnings report, the company pointed to challenges it was facing on the logistics front for a potential miss in hitting the delivery growth target of 50% this year. However, with a shift to electric vehicles gaining momentum globally, some analysts expect Tesla to be a big beneficiary. (Tesla) has done a great job, there is going to be a shift to EVs," Roth Capital analyst Craig Irwin said.

☆ Tesla flags its cars not ready to be approved as fully self-driving this year
▼ + stars: | 2022-10-20 | by ( Hyunjoo Jin | Akash Sriram | ) www.reuters.com time to read: +3 min

REUTERS/Shannon Stapleton/File PhotoThe Silicon Valley automaker sells a $15,000 software add-on called “Full Self-Driving” (FSD) which enables its vehicles to change lanes and park autonomously. That complements its standard “Autopilot” feature which enables cars to steer, accelerate and brake within their lanes without driver intervention. A completely autonomous vehicle would require regulatory approval. “It’s a separate matter as to will it have regulatory approval. It won’t have regulatory approval at that time,” he added.

☆ Tesla cars will not be approved as fully self driving this year, Musk says
▼ + stars: | 2022-10-20 | by ( Hyunjoo Jin | Akash Sriram | ) www.reuters.com time to read: +3 min

REUTERS/Shannon Stapleton/File PhotoThe Silicon Valley automaker sells a $15,000 software add-on called “Full Self-Driving” (FSD) which enables its vehicles to change lanes and park autonomously. A highly autonomous vehicle would require regulatory approval in California, for example. “It’s a separate matter as to will it have regulatory approval. It won’t have regulatory approval at that time,” he added. The California Department of Motor Vehicles (DMV) on Thursday said it “has an ongoing review of the intended design and technological capabilities of Tesla vehicles,” without elaborating further.

☆ Tesla steps up job ads as recession clouds gather
▼ + stars: | 2022-10-17 | by ( Noel Randewich | ) www.reuters.com time to read: +4 min

While the job ads provide a valuable glimpse of potential trends at Wall Street's most closely scrutinized automaker, it is difficult to draw specific conclusions. Tesla did not respond to a request for comment about the job ads. About three-quarters of job ads on Tesla's website are for U.S. positions, followed by Germany, site of a new factory, and Canada. Tesla's U.S. job ads are concentrated in California, Texas and Nevada, where it has plants and offices. Tesla employee levels surge vs FordThe steady growth in Tesla's job ads in recent months comes as almost 90% of global CEOs surveyed by KPMG expect a recession over the next 12 months, with nearly half weighing job cuts.

☆ Pierderi de 50 de miliarde de $ pentru Tesla
▼ + stars: | 2020-09-23 | by ( ) independent.md time to read: +1 min

Cu noile baterii, prețurile unei mașini complet autonome va ajunge la 25.000 de dolari. „Nimic din ceea ce a discutat Musk despre baterii nu este o certitudine. Elon Musk nu a oferit niciuna dintre cele două variante, însă a primis că în câțiva ani, cu ajutorul noii tehnologii, va fi posibilă livrarea unei mașini accesibile. Elon Musk și-a ținut prezentarea pe o scenă amenajată în fața unei parcări cu 240 de mașini Model 3, în care s-au aflat deținătorii de acțiuni ai companiei Tesla. Valoarea de piață a companiei a scăzut cu 20 de miliarde de dolari, la doar două ore după prezentarea lui Musk, scrie Alephnews.ro.

Persons: Tesla, Musk, Elon, Reuters, analistul Craig Irwin Locations: analistul

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