JP Morgan warns investors about Tesla, maintaining an ‘Underweight’ rating and a $145 price target. Concerns stem from weak Q1 deliveries, a record inventory of unsold cars, and fierce competition, especially from China’s BYD. Tesla’s aggressive price cuts are losing effectiveness, impacting margins and cash flow. Future growth hinges on unproven robotaxi and robot ventures, facing significant execution risks.
Shares of the Seattle-headquartered e-commerce and cloud giant had surged 15% on Friday after the…
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Prashant Kishor achieved a remarkable victory in the Bankipur byelection, effectively breaking the BJP's three-decade…