Business bloggers have given Tesla (TSLA) and its boss Elon Musk a Neutral rating following its Q1 earnings last week.
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Forget margin or options. Here's how the pros trade TSLAThere is never a lack of opinion from bloggers on EV giant Tesla and its colorful leader Musk. On TipRanks, we can tap into the wisdom of investment bloggers in our Blogger Opinion tool.
Let’s see what it shows for those investors deliberating the prospects of Tesla, particularly following its mixed Q1 earnings update earlier this month.
Bloggers Give their Thoughts
Tesla Blogger sentiment is based on 101 blogger opinions. As we can see below, Tesla has a Neutral rating of 48.51%. Most of the opinions are published on known financial websites such as SeekingAlpha, Motley Fool and TipRanks.
Here’s a small selection of blogger thoughts.
Jonathan Weber writing on SeekingAlpha said post-results: “I remain bearish on TSLA due to its lofty valuation, inventory build-up, and reliance on unproven future businesses, seeing more downside risk than upside. Don’t fall for the hype, it’s a sell.”
TipRanks contributor Oliver Rodzianko is more bullish declaring pre-earnings that: “Tesla is showing signs of losing momentum in its core businesses, though the long-term story remains intact, leaving valuation difficult to pin down. I can’t rule out more downside ahead before TSLA bottoms out, but I’m still positive on the stock, while Musk is at the helm, driving autonomy to new heights and into new markets.”
How Do Rivals Measure Up?
Waymo group Alphabet (GOOGL) has a Bullish blogger ranking of 96.15%, with Uber Technologies (UBER) also Bullish on 95.65%. Tesla is losing pace with the business bloggers.