2019-11-11 — TSLA close: 23.006000518798828
Nio Could Be In For More Pain As Industry Association Issues Bleak EV Sales Forecast. Jefferies Raises Tesla Price Target To $400: 'A Better Foundation'. Tesla shares are trading higher after Jefferies maintained its Buy rating on the stock and raised the price target from $300 to $400 per share.. UPDATE: Jefferies On Tesla Notes 'Stabilization in 2019 sets a better foundation for a return to growth in 2020 revenue and earnings. We continue to see Tesla maintaining its edge in product, affordability and technology'. UPDATE: Jefferies Keeps Buy On Tesla, Raises Target To $400 Notes 'Without assuming it is smooth sailing from here, Q3 reported gross margin levels that are consistent with sustained profitability while ASPs should stabilize ahead of H2 2020 improvements'. 'Tesla unveils Model 3 made-in-China with media test drives' -Electrek. Jefferies Raises Tesla Price Target From $300 To $400. Jefferies Maintains Buy on Tesla, Raises Price Target to $400. Sales of Automobiles in China Have Declined for 16 Consecutive Months in October, According to China Association of #automobile Manufacturers