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Dan Ives On Tesla (TSLA) Worst Performer In S&P 500 & Apple (AAPL) In India

Dan Ives On Tesla (TSLA) Worst Performer In S&P 500 & Apple (AAPL) In India

FromSchwab Network


Dan Ives On Tesla (TSLA) Worst Performer In S&P 500 & Apple (AAPL) In India

FromSchwab Network

ratings:
Length:
9 minutes
Released:
Apr 20, 2023
Format:
Podcast episode

Description

Tesla (TSLA) is among the worst performing S&P 500 stocks today. Dan Ives discusses TSLA's price cuts. TSLA has cut Model 3 U.S. vehicle prices by 11% this year. Wedbush is maintaining an outperform rating and says that TSLA has solid demand metrics, but the elephant in the room is softer margins. The analyst notes that margin compression and price cut narrative must be carefully managed over the coming quarters. Wedbush also has an outperform rating on Apple (AAPL). The analyst note says that the company is aggressively looking at India for both a production and retail expansion and could ramp annual revenue to $20B by 2025 in India. Tune in to find out more about the stock market today.
Released:
Apr 20, 2023
Format:
Podcast episode

Titles in the series (100)

A unique lineup of financial news and education programs, all available to stream without a subscription. Listen to industry experts track market action and interpret how it may apply to your investment portfolio. Get real-time insights, commentary, and exclusive access to CEOs, analysts, and market experts. Empowering Every Investor and Trader. Every Market Day. Produced by TD Ameritrade Media Productions Company, a wholly-owned subsidiary of TD Ameritrade Holding Corporation. TD Ameritrade Holding Corporation is a wholly owned subsidiary of The Charles Schwab Corporation. TD Ameritrade Media Productions Company is not a financial adviser, registered investment advisor, or broker-dealer. THE TD AMERITRADE NETWORK SITE, CONTENT, APPS, AND RELATED SERVICES, ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS, WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business or where such offer or solicitation would be contrary to the local laws and regulations of that jurisdiction, including, but not limited to persons residing in Australia, Canada, Japan, Saudi Arabia, UK, and the countries of the European Union. All TD Ameritrade Network content © TD Ameritrade Network. All rights reserved.