What Musk's 'Technoking' Title, Tesla's New Truck Exec Mean For Automaker's Tech, Bitcoin, Semi Plans
Tesla, Inc. revealed an added title for CEO Elon Musk and a management change in two SEC filings Monday.The Tesla Analyst: Wedbush analyst Daniel Ives has a Neutral rating on Tesla with a $950 price target.The Tesla Thesis: The title of "Technoking of Tesla" is a hint at Musk viewing Tesla as a technology disruptor in the future, especially with robotaxis, full self-driving and massive technology advancements on the horizon, Ives said in a note.The new title of "Master of Coin" given to CFO Z
A Tesla fan got evenmore bullishon Tuesday, despite the stock’s recent drop. Tesla shares are up in premarket trading, but an upbeat take from the analyst isn’t the only reason shares are on the move.New Street Research analyst Pierre Ferraguis a longtime Tesla bull. But that doesn’t mean he always rates shares Buy. He is willing to downgrade the stock to Hold when prices run ahead of what he believes is fair.The third reason Tesla shares are rising is China. Tesla delivered about 18,300 cars t