From Nasdaq: 2025-03-21 09:23:00

Tesla (NASDAQ: TSLA) stock has been volatile, doubling post-election but dropping since the inauguration. CEO Elon Musk’s controversies, including laying off federal workers, have led to negative headlines and protests. Despite this, Tesla is gearing up to launch a robotaxi next year, earning an endorsement from a Wall Street analyst. Cantor Fitzgerald upgraded Tesla stock with a price target of $425.

Investors are questioning if Tesla is a buy, as the company faces challenges and plateauing growth. While the robotaxi launch could be a game-changer, Tesla’s stock price is still high based on future innovations. Analysts have reduced earnings estimates, and Wall Street expects just 13% revenue growth this year. Doubts persist amid brand crisis.

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Read more at Nasdaq: 1 Wall Street Analyst Thinks Tesla Will Hit $425. Is it a Buy Around $235?