Piper Sandler Sticks With Bullish Tesla Call

From Financial Modeling Prep: 2025-03-24 17:07:00

Piper Sandler analysts maintain Overweight rating and $450 price target on Tesla (NASDAQ:TSLA), refuting claims of politically driven delivery declines. Operational challenges, not Elon Musk’s image, cited as main reason for expected Q1 drop. Supply constraints, not demand, blamed for shortages due to Model Y production shutdowns. Anticipated new vehicle launches and robo-taxi unveiling in June could boost momentum and investor interest.



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