‘Funding secured at $240-ish’: Tesla analyst slashes his price target for the 5th time this year (TSLA)

‘Funding secured at $240-ish’: Tesla analyst slashes his price target for the 5th time this year (TSLA)

Tesla’s $2.4 billion recent capital raise has been well-received by Wall Street analysts covering the stock, but it’s not stopping them from tempering their earnings expectations and chopping down price targets. One such analyst is RBC’s Joseph Spak, who t…
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