Barclays Senior Autos Analyst Dan Levy explains Tesla's stock rating outlook ahead of the EV developer's first-quarter delivery figures, while also commenting on vehicle prices and headwinds stemming from CEO Elon Musk's involvement with Twitter.
Tesla (TSLA) closed the most recent trading day at $191.81, moving +0.74% from the previous trading session.
A trial kicked off in San Francisco federal court on Monday to determine how much money Tesla Inc must pay to a Black elevator operator who a jury determined was subjected to severe racial harassment while working at the electric auto maker's flagship assembly plant. A lawyer for plaintiff Owen Diaz told a jury during opening statements that the racist slurs, graffiti and threats his client faced were part of a "plantation mentality" at the Fremont, California factory where Black workers were treated as second-class citizens. “A person should be able to come to work and not be harassed or degraded while they’re doing their job,” the lawyer, Bernard Alexander, said, reading from an email that Diaz wrote to supervisors.