1 Wall Street Analyst Thinks Tesla Will Hit $425. Is it a Buy Around $235?
Tesla (NASDAQ: TSLA) has long been a battleground stock, but recently, the fight between bulls and bears around the EV maker has reached a fever pitch.Shares of Tesla essentially doubled following the election, but they have given back all of those gains since the inauguration as controversy continues to follow CEO Elon Musk, who has now tasked himself with laying off federal workers as the head of the Department of Government Efficiency (DOGE). Negative headlines have battered Tesla stock as sales in Europe appear to be plunging, and the company has faced outbursts of vandalism and protests in the U.S.While the near-term picture for Tesla might look gloomy, the company is preparing to launch its robotaxi next year, an innovation that could be a game-changer, and Tesla's preparation has earned it an endorsement from a key Wall Street analyst.Continue reading
Tesla (NASDAQ: TSLA) has long been a battleground stock, but recently, the fight between bulls and bears around the EV maker has reached a fever pitch.
Shares of Tesla essentially doubled following the election, but they have given back all of those gains since the inauguration as controversy continues to follow CEO Elon Musk, who has now tasked himself with laying off federal workers as the head of the Department of Government Efficiency (DOGE). Negative headlines have battered Tesla stock as sales in Europe appear to be plunging, and the company has faced outbursts of vandalism and protests in the U.S.
While the near-term picture for Tesla might look gloomy, the company is preparing to launch its robotaxi next year, an innovation that could be a game-changer, and Tesla's preparation has earned it an endorsement from a key Wall Street analyst.
