$TSLA - TESLA'S ROADSTER IMPRESSES, BUT WON'T MOVE THE NEEDLE Cantor Fitzgerald reiterated its Overweight rating on Tesla, maintaining a $4…
$TSLA - TESLA'S ROADSTER IMPRESSES, BUT WON'T MOVE THE NEEDLE
Cantor Fitzgerald reiterated its Overweight rating on Tesla, maintaining a $485 price target.
Tesla's new Roadster lineup includes Performance, Thrust and Rocket variants, with pricing starting at $250,000 including the reservation fee.
Despite calling the demonstration breathtaking, Cantor sees limited earnings impact, citing unclear production volumes and the vehicle's lack of street legality.