From Nasdaq: 2024-04-28 05:00:00

Tesla’s (TSLA) shares see boost after Q1 earnings report. Revenue declined 9% YoY, slightly below estimates. Analysts have mixed opinions, but RBC Capital remains optimistic with a $293 price target. Narayan maintains buy rating, citing progress on cost controls and full self-driving software development.

Investors questioning if Tesla is a buy. Analysts see potential for long-term growth but advise waiting for revenue and volume improvements. Tesla’s progress in full self-driving software could benefit future profit. Cybercab set to be unveiled in August.

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Read more at Nasdaq: 1 Wall Street Analyst Thinks Tesla Stock Is Going to $293. Is It a Buy Around $170?