Tesla (NASDAQ: TSLA) stock had a banner year in 2024. Many investors surmised that CEO Elon Musk's position as a Donald Trump advisor will benefit both the company and its shareholders. Tesla disappointed investors with its fourth-quarter delivery report this week, though, as it delivered fewer EVs than expected and didn't quite match 2023's total...

Spirit Airlines, which filed for bankruptcy in November, has given investors a peek into its ongoing reorganization. As part of that process, it filed a financial update with the Securities and Exchange Commission that shows its equity is worth less than the compensation paid to its executives in 2023...

Evercore ISI analyst Chris McNally raised the firm’s price target on Tesla (TSLA) to $275 from $195 and keeps an In Line rating on the shares. Consistent with the firm’s valuation approach of a “Tale of 2 TSLAs,” where it assigns one multiple to “core” industrial revenue for things “they make/sell now” and then backs into a market implied “call option” bucket, the firm increased the size of the “call option implied basket” to about $900B from $600B and the implied market probability of success t...

Truist analyst William Stein lowered the firm’s price target on Tesla (TSLA) to $351 from $360 and keeps a Hold rating on the shares. The firm cites the company’s Q4 delivery and production figures coming in below consensus estimates and its own projections while also reflecting inventory burn with a lower production figure, the analyst tells investors in a research note. Truist’s pricing data also suggests that average sales prices for Tesla were down 0.5% sequentially, and the firm believes th...