Latest news with #YL
Business Insider
6 days ago
- Automotive
- Business Insider
‘Don't Make a Move Yet,' Analysts Maintain a Hold on Tesla Stock (TSLA) Ahead of Q2 Results
Tesla (TSLA) received Hold ratings from a couple of Wall Street analysts, as they weigh the company's fundamentals against its long-term potential. While the company's new model launches offer upside, analysts remain cautious about margin pressure and a softer volume outlook. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Investors will be closely watching for updates during Tesla's Q2 earnings call, scheduled for release on July 23. Barclays Analyst Warns on TSLA's Near-Term Outlook Barclays analyst Dan Levy reiterated a Hold rating with a $275 price target, citing concerns over weakening core performance. Levy noted that while Tesla's Q2 auto margins (excluding credits) may improve sequentially, they remain below historical levels. Also, he forecasts a 10% decline in vehicle volume for 2025. Moreover, Levy noted that earnings estimates for 2026 have fallen sharply, from over $3.20 to just $1.84. He warned that weak margins or negative commentary could hurt TSLA stock, though the upcoming earnings call might offer a boost if CEO Elon Musk shares updates on Tesla's robotaxi and autonomous vehicle plans. Levy also said the company's low-cost model may be delayed to late 2025, which could be seen as a setback. Goldman Sachs Sees New Model Y Boosting Tesla's Reach Similarly, Goldman Sachs analyst Mark Delaney maintained a Hold rating with a $285 price target, focusing on Tesla's product roadmap. Delaney said TSLA's newly announced Model Y L, a new variant of the Model Y, could help it compete better in the three-row SUV market. Tesla plans to launch the Y L in China this fall, and the analyst sees this as a small positive for the company. Delaney added that investors did not expect big changes in Tesla's 2025 models. But the Model Y L stands out more and could help the company reach more customers and boost sales. Is TSLA Stock a Buy? Turning to Wall Street, TSLA stock has a Hold consensus rating based on 13 Buys, 13 Holds, and eight Sells assigned in the last three months. At $298.97, the average Tesla price target implies a 6.21% downside potential. The stock has declined 24.2% over the past six months.
NDTV
7 days ago
- Automotive
- NDTV
Tesla Model Y LWB With Three Rows Leaked; Here's What Else It Offers
Tesla Model Y has just been launched in the Indian market. While India is busy in Juniper's welcome, the world is preparing to see the first glimpse of a new version of the Tesla Model Y with a longer wheelbase and six seats. Although the official entry of the model is still away, some leaked information about the car has shed light on quite a few details. The details of the new model have been sourced from documents filed within China's Ministry of Industry and Information Technology (MIIT). The new long-wheelbase iteration of the electric car is dubbed the Model Y L with three rows of seating. Along with more space and extra seats, this iteration will also bring more power. Diving into details, the new iteration of the car will have six seats, likely captain seats. To accommodate it, the car now has a length of 4,976 mm, which is 186 mm longer than the standard Model Y. Along with it, the height has increased by 44 mm. Since it's the long-wheelbase version, Tesla has extended the wheelbase to 3,040mm, or 150mm longer than the current five-seat Model Y. Along with the added length, the new Y L gets a few changes in aesthetics with a new design for the wheels, an updated spoiler, and new seats. Chances are, the car will likely get new paint scheme options as well. Based on the leaked documents, the Tesla Model Y L will also come with more power compared to the five-seat version. It will have an output of 455 hp, which is more than 443 hp on the five-seat version. This increased grunt might come in handy to handle the extra weight. Along with it, there are chances that there will be another seven-seat version of the car on the market. However, the launch timeline of both models is still unclear.
