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Deutsche Bank today lowered its price target on Tesla $TSLA to $218 from $250 while maintaining its Buy rating
$TSLA | Deutsche Bank Expects Tesla To Miss Estimates 'By A Wide Margin' - Investing https://t.co/KBew2akfyC
Morgan Stanley's car guru has a new under-the-radar pick that benefits from EV industry setbacks https://t.co/5yHYLdIvJl
Analysts from Morgan Stanley, Deutsche Bank, and Franklin Templeton express concerns about the electric vehicle market, particularly regarding Tesla ($TSLA). Price targets for Tesla have been lowered, with Deutsche Bank expecting Tesla to miss Q1 estimates significantly. Despite rapid growth in 2023, EV sales in China are slowing, and price cuts are observed. Huawei and BAIC announce ambitious sales targets and global expansion plans for their first EV.