Jefferies cuts Tesla before critical tests – Tesla, Inc. (NASDAQ: TSLA)



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Jefferies lowers its target price of Tesla (NASDAQ: TSLA) from $ 450 to $ 400, based on the failed first-quarter mix and delivering "critical tests" arriving in the second quarter in demand elasticity "as cheaper M3 versions become available and sort logistics ".

Jefferies: "The announcement of an" Open Pool "with FCA aimed at reducing calculated CO2 emissions in Europe could generate several million dollars in cash revenue, eventually including this. year."

Tesla shares are up 1.2% before marketing at $ 278.20.

Previously: Tesla: Morgan Stanley lowers its target to $ 240, fearing that a negative sentiment will affect its core business (April 8)

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