Tesla price target cut to $812 by Canaccord

Tesla price target cut to $812 by Canaccord
·1 min read

Analysts at Canaccord Genuity on Monday cut their price target on Tesla Inc. shares to $812, from $974, on disappointment that the electric-car maker has nixed the Model S Plaid Plus, which would be the sedan's top trim. Tesla last week launched top-of-the-line Model S Plaid in an effort to breathe new life into the sales of the sedan, which has not changed much in its nearly 10-year existence. The "Plaid Plus" trim "was reportedly going to be the first to feature the new 4680 (battery) cell des

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