The Latest Breaking News from Ryan Brinkman

The Detroit Big 3 and Tesla faced investors last week; analysts had mixed takes on each of their performances.

With Tesla shares on the march, focus shifts to the group's robotaxi event on August 8.

A new car is now considered a luxury item, auto industry analysts say, as prices continue to climb.

Tesla's record Q4 deliveries may have come "at the cost of higher incentives, suggesting lower pricing and margin" said JPMorgan analyst Ryan Brinkman.

Higher prices on new and used vehicles will be around a while

General Motors Company (NYSE: GM) was sliding about 2.5% lower intraday on Tuesday after printing worse-than-expected second-quarter EPS results.

Tesla, Inc. (NASDAQ: TSLA) reported first-quarter delivery numbers over the weekend that narrowly missed the consensus expectation.

JPMorgan analyst Ryan Brinkman raised the price target on Tesla Inc (NASDAQ:TSLA) to $325 from $295 and reiterated an Underweight rating on the shares. The price target implies a downside of 65.3%. Tesla reported better than expected Q4 results, featuring stronger than consensus revenue, margin, and free cash flow, Brinkman notes.  The company, however, said it does…