.July 16, 2024 Tuesday 01:01:00 PM

Baird analysts reiterated their Outperform rating for Tesla (NASDAQ:TSLA) with a $280 price target, citing a positive setup for Q2 earnings. They anticipate a high chance of an EPS beat due to stable pricing, increased revenue from full self-driving, and strong performance in the Energy Segment. The analysts also predict Tesla will introduce its next-generation platform at the upcoming “Robotaxi” event, supported by recent delays and CEO Elon Musk’s comments.