Will Tesla's Price Cuts Actually Hurt Rivian?
We know (NASDAQ: TSLA) has been cutting vehicle prices all year, but what's the impact on the industry? So far, legacy competitors don't seem to be hurt, but EV competitors have been. In this video, Travis Hoium covers why Rivian is giving investors some signs to be worried about.
*Stock prices used were end-of-day prices of June 16, 2023. The video was published on June 19, 2023.
Source Fool.com
Tesla Inc Stock
€207.05
1.870%
Currently there is a rather positive sentiment for Tesla Inc with 72 Buy predictions and 29 Sell predictions.
As a result the target price of 240 € shows a slightly positive potential of 15.91% compared to the current price of 207.05 € for Tesla Inc.
