Political Anger at Musk, TSLA Likely to “Fade” Over Longer Term, Well-Known Analyst Says
From Yahoo Finance: 2025-04-02 10:22:00
Tesla (TSLA) announced lower-than-expected deliveries for Q1, causing a plunge in stock value. Deepwater analyst Gene Munster predicts that anger over Elon Musk’s political stances will fade, with delivery data expected to rebound later in the year. EPS is projected to surge in 2026.
Munster believes Tesla’s public brand issues will fade, with deliveries falling 10-12% in Q2, then rising in Q4. He expects EPS to reach $3.40 in 2026. Despite a tough 2025, Munster sees long-term potential in Tesla’s innovations in robotaxis and robotics.
Investing in Tesla is seen as a long-term play by Munster, who anticipates the company’s advancements in robotaxis and robotics will boost stock value. While Tesla has potential, other AI stocks may offer higher returns in a shorter timeframe. Investors may want to explore alternatives to Tesla for quicker gains.
Read more: Political Anger at Musk, TSLA Likely to “Fade” Over Longer Term, Well-Known Analyst Says