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Tesla Analysts Unimpressed By Q1 Earnings: 'Not Much To Write Home About'
Tuesday, April 27, 2021 - 2:35pm | 638Tesla Inc (NASDAQ: TSLA) shares traded lower by 4% on Tuesday after investors took profits in the stock following its first-quarter earnings beat. For the first quarter, Tesla reported adjusted EPS of 93 cents on $10.39 billion in revenue. Both numbers beat consensus analyst estimates of 79...
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Why Tesla's Q1 Deliveries Beat Isn't Enough To Impress Long-Term Bear Gordon Johnson
Sunday, April 4, 2021 - 9:45pm | 734Tesla Inc’s (NASDAQ: TSLA) analyst-estimate-beating Q1 delivery numbers have left GLJ Research’s Gordon Johnson less than impressed. The Tesla Analyst: Johnson maintained his Sell rating on the Elon Musk-led company’s stock and valued the shares at $67 exiting 2022. The Tesla...
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Gordon Johnson On 'Perfect Storm For The Steel Mills': Why He's Bullish On US Steel, Cleveland-Cliffs
Tuesday, March 9, 2021 - 2:53pm | 408Steel stocks United States Steel Corporation (NYSE: X) and Cleveland-Cliffs Inc (NYSE: CLF) are off to a strong start to 2021 as investors anticipate a potential infrastructure spending bill around the corner. GLJ Research analyst Gordon Johnson recently told Benzinga that he is bullish on U.S....
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Tesla Bear Gordon Johnson: EV Price Cuts Point To Softening Demand
Thursday, February 18, 2021 - 12:28pm | 404Tesla Inc (NASDAQ: TSLA) announced another round of price cuts for its EVs this week, triggering a swipe from a longtime bear. The Tesla Analyst: GLJ Research's Gordon Johnson has a Sell rating on Tesla shares with a $67 price target. The Tesla Thesis: Tesla has now reduced the...
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Tilray's Reddit Rally Is Over, Analyst Says: 'Large Downside Risk Ahead'
Thursday, February 11, 2021 - 4:30pm | 471Tilray Inc (NASDAQ: TLRY) shares, which have soared over 250% since the start of February, were plunging hard Thursday. GLJ Research's Gordon Johnson said the sell-off in the cannabis stock is just getting started. The Tilray Analyst: Johnson reiterated a Sell rating on Tilray with a price...
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Tesla Fated For Similar Downfall As Tilray, Stock To Hit $60-$80 Levels In 2021, Says Long-Term Bear
Tuesday, December 15, 2020 - 11:25pm | 572Tesla Inc (NASDAQ: TSLA) stock could plummet to $60 levels, GLJ Research's Gordon Johnson told Yahoo Finance in an interview Tuesday. What Happened: Johnson placed the fair value for Tesla at around $60 to $80. “We think it’s gonna head there. We think it happens next year...
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Why Tesla Bear Gordon Johnson Is Forecasting Sequential Volume Decline In Q4
Tuesday, November 10, 2020 - 4:24pm | 649Tesla Inc (NASDAQ: TSLA) is set to witness a quarter-over-quarter drop in the volume of cars sold in the fourth quarter, according to GLJ Research's Gordon Johnson. Johnson On Tesla's European Demand: Tesla sold just 1,384 cars in the European Union in October, but exported 7,000 made-in-...
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Tesla's Growth Will Lose Steam In Q4: Bear Analyst Gordon Johnson
Thursday, October 22, 2020 - 3:02pm | 544Tesla Inc (NASDAQ: TSLA) reported its fifth straight quarter of profitability Wednesday, sending investors and analysts into a frenzy. GLJ Research is an exception: the firm remains bearish on the electric vehicle stock's performance. The Tesla Analyst: Gordon Johnson has a Sell...
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Bull Vs. Bear Debate: Does Tesla Have A Battery Problem?
Wednesday, September 30, 2020 - 11:41am | 519With the hype surrounding Tesla Inc's (NASDAQ: TSLA) battery day dying down, the sell-side is divided over the viability and technological advancement of the company's battery technology. The Tesla Bull Case: Tesla's plans to reduce battery pack costs by about 50% are a jaw...
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What Tesla App Downloads Say About EV Maker's Q3 Deliveries
Tuesday, September 15, 2020 - 2:52pm | 481Tesla Inc (NASDAQ: TSLA) shares, which saw a nice bump Monday, are continuing to head higher. The 12.5% gain in EV maker's stock Monday was attributed to an across-the-board tech rebound and positive sell-side commentary from Goldman Sachs. Tesla's Ambitious 500K Target For 2020:...
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Analyst: S&P Passed On Tesla Because It's 'Profoundly Overvalued'
Thursday, September 10, 2020 - 1:30pm | 569Tesla Inc (NASDAQ: TSLA) shares recovered more of their losses on Thursday after the stock logged its worst day in history to open the week. Tesla shares dropped more than 21% on Tuesday due to S&P passing on including Tesla in the S&P 500 index, a decision that has triggered mixed...
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Tesla Bear Names 7 Reasons Why Stock Failed To Make The Cut For S&P 500
Tuesday, September 8, 2020 - 4:29pm | 538Tesla Inc's (NASDAQ: TSLA) lean patch continues, with the latest negative headline hitting the stock hard being its non-inclusion in the S&P 500 Index. The Tesla Analyst: GLJ Research analyst Gordon Johnson has a Sell rating on Tesla with a $19 price target. The Tesla Thesis:...
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What's Behind The 'Parabolic' Rise In Tesla?
Wednesday, September 2, 2020 - 10:57am | 571The meteoric rise in Tesla Inc (NASDAQ: TSLA) stock has shown gravity-defying momentum, and it's difficult to attribute the strong upside merely to fundamentals, according to GLJ Research's Gordon Johnson. The Tesla Analyst: Johnson has a Sell rating on Tesla with a $19 price target....
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Unusual Tesla Option Trades Pushing Stock Higher And Higher
Thursday, August 20, 2020 - 1:31pm | 499Tesla Inc (NASDAQ: TSLA) once again traded sharply higher by 6.2% on Thursday, briefly touching the $2,000 level, despite no major news from the company. Tesla shares are now up 77% in the past year as the company has made a profit in four straight quarters, and some say strange option trading...
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Tesla Bear Gordon Johnson On Why Company Is Running On 'Borrowed Time'
Monday, July 27, 2020 - 11:50am | 425Electric vehicle manufacturer Tesla Inc (NASDAQ: TSLA) is "running on borrowed time," as it can only rely on regulatory tax credits for so long, according to GLJ Research's Gordon Johnson. What Happened: Tesla is making a profit on tax credits, but the argument could be made that...