Tesla 's massive rally might soon run out of steam, Wells Fargo warned investors in a new note. Analyst Colin Langan reiterated his underweight rating on the electric vehicle manufacturer, contrasting with Wall Street's bullish sentiment. The majority of research analysts covering Tesla give it a buy or strong buy rating.
mountain chart Langan attributed the rally to temporary optimism driven by better deliveries, the approval of Elon Musk's compensation package , hype around Tesla's robotaxi and technical factors. Retail interest likely surged in recent months, while professional investors took the opportunity to cover short positions or raise underweight holdings.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação: