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TSLA / Tesla's stock jumps 3.5% premarket after Baird outlines catalysts for the second half

Tesla's stock jumps 3.5% premarket after Baird outlines catalysts for the second half
Tesla Inc.'s stock TSLA, -1.70% rose 3.5% in premarket trade Monday, putting it on track to end a six-day losing streak, after Baird analyst Ben Kallo said price cuts and their impact on margins will drive the narrative for the electric vehicle maker in the second half. “Potential upcoming catalysts for the stock include Cybertruck launch, a wider-scale adoption of FSD (full self driving), continued growth in the Energy business, expanding into new markets, and a possible AI Day, among others,” Kallo wrote in a note to clients. Read More
Posted: Aug 21 2023, 06:23
Author Name: Market Watch
Views: 110778

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By CNBC Television
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By Market Watch
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By Seeking Alpha
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By Proactive Investors
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Big Tech Sell-Off: Will Tesla Be the Next Domino to Fall?

By The Motley Fool
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Here's how Elon Musk responded to Ron Baron saying Tesla can be worth $4 trillion

By Market Watch
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Here's how Elon Musk responded to Ron Baron saying Tesla can be worth $4 trillion

That was the head of electric-vehicle group Tesla TSLA, +2.40%, weighing in on X in the wee hours of Thursday, on what it would take for his company t more_horizontal


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