From Yahoo Finance: 2025-05-25 04:27:00

Truist Securities maintains a Hold rating on Tesla with a $280 price target. Analyst William Stein predicts Tesla’s Robotaxi service launch in June could boost stock price, despite potential flaws. Stein’s experience with Waymo and Tesla’s Full Self-Driving technology influences his positive outlook on Tesla’s future prospects.

Stein acknowledges Waymo’s impressive technology but expects flaws in Tesla’s Robotaxi service. Despite anticipated drawbacks, he believes even a modest launch could positively impact Tesla’s stock price. The launch is scheduled for Austin in June, generating optimism for Tesla’s future growth potential.

Read more: Tesla Robotaxi Launch Could Boost Stock, Says Truist Analyst William Stein