Tesla price target cut for 5th time in 4 months Unlisted Video
4 years ago
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Joseph Spak
Tesla Motors
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Royal Bank Of Canada
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RBC Capital Markets analyst Joseph Spak cut his Tesla price target for the fifth time this year. Tesla's gross margins were worse than previously thought, Spak said in a report on Monday. The electric-car maker's capital raise announced last week was needed, but "could have been done earlier from a greater position of strength," the analyst said. Watch Tesla trade live.
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