Tesla stock is up 5.2% on positive analyst outlook, despite looming tariff concerns.

From Nasdaq: 2025-04-09 13:23:00

Shares of Tesla (NASDAQ: TSLA) surged 5.2% on Wednesday, bouncing back from recent losses. A Wall Street firm added Tesla to its “best ideas” list, citing an overdone sell-off. Analysts believe upcoming product launches and a robotaxi service could be significant catalysts for the company’s growth.

Benchmark analyst Mickey Legg remains optimistic about Tesla’s future despite challenges. He lowered the price target to $350 but maintained a buy rating. While the success of Tesla’s future plans is uncertain, Legg sees opportunities for growth with new product launches and the robotaxi service.

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Johnny Rice has no position in mentioned stocks. The Motley Fool holds positions in and recommends Tesla. The author’s opinions do not reflect those of Nasdaq, Inc.



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