The U.S. is reportedly in discussions to subject Elon Musk’s companies to national security reviews . Tesla Inc’s (NASDAQ:TSLA) CEO has also been locked in a battle over buying Twitter Inc. (NYSE:TWTR). The U.S. government is reportedly unhappy with the billionaire mobilizing financing from foreign high-net-worth individuals to consummate the deal.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Here's a look at some of the top electric-vehicle makers from several analysts, according to Benzinga Analyst Stock Ratings.
Tesla, Inc. (NASDAQ:TSLA)
Recent Analyst Ratings
Mizuho’s analyst Vijay Rakesh maintained a Buy rating on the company on October 20, 2022, while lowering the price target from $370 to $330.
Accuracy Rate: 65%
Deutsche Bank’s analyst Emmanuel Rosner reiterated a Buy rating on October 20, 2022, and lowered the price target from $390 to $355.
Accuracy Rate: 71%
Recent News: Tesla recently reported worse-than-expected Q3 sales results.
General Motors Company (NYSE:GM)
Recent Analyst Ratings
UBS analyst Patrick Hummel downgraded General Motors from Buy to Neutral on October 10, 2022, while reducing the price target from $56 to $38.
Accuracy Rate: 16%
Morgan Stanley’s analyst Adam Jonas maintained an Equal-Weight rating on October 5, 2022, and cut the price target from $42 to $30.
Accuracy Rate: 58%
Recent News: General Motors recently made a strategic investment in Queensland Pacific Metals of Australia to secure a new source of nickel and cobalt for Ultium battery cells. The company is expected to release quarterly earnings next week.
NIO Inc. (NYSE:NIO)
Recent Analyst Ratings
Mizuho analyst Vijay Rakesh maintained a Buy rating on NIO on October 6, 2022, while lowering the price target from $42 to $40.
Accuracy Rate: 65%
Citigroup’s analyst Jeff Chung reaffirmed a Buy rating on September 8, 2022 and reduced the price target from $41.1 to $31.3.
Accuracy Rate: 45%
Recent News: NIO recently said it delivered 10,878 vehicles in September, comprising 7,729 SUVs, and 3,149 sedans. The company delivered 31,607 vehicles in the third quarter, surging by 29.3% year-over-year.
XPeng Inc. (NYSE:XPEV)
Recent Analyst Ratings
Citigroup’s analyst Jeff Chung maintained a Buy rating on August 24, 2022, while reducing the price target from $51.59 to $27.87.
Accuracy Rate: 45%
Barclays analyst Jiong Shao downgraded XPeng from Overweight to Equal-Weight on August 24, 2022, while lowering the price target from $30 to $22.
Accuracy Rate: 26%
Recent News: XPeng Aeroht, an affiliate of XPeng Inc, recently conducted the first flight of its electric flying car, the XPENG X2, at Skydive Dubai.
