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DeItaone forwards: Stifel cuts Tesla (TSLA) price target to $491 from $508, maintains Buy rating
Stifel cited weaker profitability after Q2, with gross margin falling to 16.8% and adjusted EBITDA missing expectations. Despite this, the firm remains bullish on FSD and Robotaxi, pointing to a growing order backlog and the Model YL launch as key long-term catalysts.
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Source：X@DeItaone · Source Link
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