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Tesla (TSLA) gets $475 price target and “Buy” rating from Benchmark

Teslarati

Tesla shares ( NASDAQ:TSLA ) have received a “Buy” rating and a $475 per share price target from Benchmark. Benchmark’s price target is based on 68.2 pre-mkt as Benchmark initiates TSLA with a Buy rating and $475 price target. TSLA +1.8% Don’t hesitate to contact us with news tips.

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Tesla is getting price target upgrades from analysts after key earnings

Teslarati

Tesla ( NASDAQ: TSLA ) is getting some well-deserved price target upgrades from Wall Street analysts after it reported what will likely be looked at as its key earnings call for 2024. Tesla stock spikes over 20% on strong margins and 2025 guidance With the strong earnings, Tesla is getting several price target upgrades from analysts.

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Is Buying An Electric Vehicle Becoming More Affordable?

CleanTechnica EVs

Even as electric vehicles grow more popular, many consumers are still holding out for the sticker price to be right. However, with a handful of automakers following Tesla’s price cuts throughout this year as well as federal and state incentives, some note that EVs are quickly approaching general affordability in the U.S.

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Used EVs Coming Down In Price

CleanTechnica EVs

The used car market plays a crucial role in providing affordable vehicles for people, especially those who can’t afford ever-rising new car prices. While buying a new car can be a dream for many, it is often unaffordable due to the high price tag and the insane dealer markups we often see these days.

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Price fighter!  Volkswagen shows more of its cheap Volkswagen ID.1 ahead of 2027 release when it will take on the BYD Dolphin and MG4

EV Central

and rival the current crop of cheap Chinese EVs including the cut-price BYD Dolphin and MG4 as well as the inbound European Renault Twingo EV, the new baby VW EV has been confirmed for price that will kick-off at around 20,000 ($A33,000). 1 budget-buy in 2027 READ MORE: Electric Volkswagen ID. The post Price fighter!

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UK EV buyers will choose Chinese EVs over Tesla due to Elon Musk antics: study

Teslarati

About 61% of current EV owners and 56% of those who were planning to buy an electric car noted that they were open to purchasing an EV from Chinese manufacturers instead, as noted in a Car Dealer Magazine report. Consumers now have more choice than ever, with cutting-edge technology, better pricing, and new players transforming the game.

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XPeng buying Didi’s Smart electric car unit to launch new affordable EV brand in 2024

Electrek

Chinese EV maker XPeng (XPEV) announced Monday it plans to buy out Didi Global’s Smart electric car division. XPeng revealed the partners will launch a new mass-market EV brand next year with a starting price of around 150,000 RMB (roughly $20,500).