Yahoo finance tsla trader sentiment from "yahoo finance
Trader sentiment from "yahoo finance tsla" reflects a cautious stance ahead of the Federal Reserve’s policy announcement. Historical correlations show Tesla tends to react strongly to interest rate shifts due to its growth stock profile. “Tokenization is like a freight train. It can’t be stopped, and eventually it’s going to eat the entire financial system,” Robinhood ( HOOD ) CEO Vlad Tenev said at a crypto conference in Singapore on Wednesday . Over the summer, the trading platform launched more than 200 US stock and ETF (exchange-traded fund) tokens in Europe. “Our big concern is looking out over the next 12 months. Tesla, we thought it was refreshing that Elon Musk sort of conceded that the company is going to have a rough few quarters ahead in terms of earnings. While we think Q3 is going to be relatively strong, we’re really more concerned about Q4 and then into the first half of next year. After the federal EV tax credit expires at the end of September, I think Tesla is very susceptible to a pretty significant drop in sales. So really, that’s our big concern with the stock. Of course, there’s so much nuance with this company, lots of puts and takes, but looking out over the next 12 months, which is the basis of our price target, we just don’t see any upside for this stock, considering the headwinds—not only the expiration of the federal EV tax credit, but the regulatory credits, which have been such a big profit driver for Tesla in recent years. Essentially 100% margin on the sale of these regulatory credits—that whole system is going away as well. So that’s going to be a big hit to their profitability.” Market breadth data from "yahoo finance tsla" shows Tesla contributing positively to the NASDAQ gain, with correlation metrics improving against the broader EV index. This could attract sector-focused ETFs to increase exposure.
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