Tesla Shares Decline Alongside Market; Musk Shifts Attention to AI Chips.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2d ago
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Source: Barron's
- Tesla Stock Performance: Tesla's stock experienced a decline in early trading on Tuesday, mirroring the overall market trend.
- Elon Musk's AI Focus: The drop in stock value followed CEO Elon Musk's emphasis on his artificial intelligence narrative during the long weekend.
Analyst Views on DJIA
Wall Street analysts forecast DJIA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DJIA is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 22.130
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Current: 22.130
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
