Daiwa cuts Tesla price target to $300, citing margin pressure and demand concerns ...Middle East

In a note to clients, the brokerage said that intensifying competition, particularly in China and Europe, along with price cuts across Tesla’s lineup, are likely to weigh on near-term profitability. Analysts also flagged concerns over the pace of electric vehicle (EV) adoption and consumer sensitivity to higher interest rates, which could impact sales momentum.

The move follows a broader trend of analyst caution on Tesla in recent months, as investors recalibrate expectations amid a more challenging macro backdrop and shifts in the global EV landscape.

This article was written by Eamonn Sheridan at www.forexlive.com.

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