Workflow
Analyst Says Tesla (TSLA) Auto Business ‘Continues to Worsen’

We recently published Top 10 Stocks to Watch After Federal Reserve’s Rate Cut. Tesla, Inc. (NASDAQ:TSLA) is one of the stocks analysts were recently talking about. In late July, Jed Dorsheimer, a William Blair analyst, said in a program on CNBC that Tesla’s deal with Samsung for chip production was positive and showed a “data point” that Elon Musk is innovating. However, the analyst explained why he downgraded the stock: “The reason for our downgrade was the auto business continues to worsen. And yes, it ...