Tesla remains global leader in electric vehicles, says Mizuho

Mizuho analyst Vijay Rakesh modestly lowered estimates post Tesla’s Q4 results but continues to see the company as a global leader in electric vehicles. Tesla reported good results and its margins were better than feared, the analyst tells investors in a research note. The company guided to 2023 production of 1.8M vehicles, with potential for 2M with production and share gains, but "a weak consumer and affordability are challenges," writes the firm. The analyst keeps a Buy rating on Tesla with a $250 price target.