Tesla Stock Falls as 2024 Deliveries Miss Estimates
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 01 2025
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Source: Barron's
Tesla's Fourth-Quarter Deliveries: Investors are eagerly awaiting Tesla's fourth-quarter delivery results to see if the company can surpass its 2023 sales figures, with a target of around 515,000 vehicles needed for growth, although estimates suggest numbers may fall slightly short.
Future Expectations and Stock Performance: Regardless of the fourth-quarter results, investor focus is shifting towards Tesla's plans for a lower-priced EV and a self-driving robotaxi service in 2025, which could significantly impact stock performance moving forward.
Analyst Views on FFND
Wall Street analysts forecast FFND stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FFND 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: 31.060
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Current: 31.060
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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.
