On September 12, 2023, RBC Capital reiterated coverage of Tesla (NASDAQ:TSLA) with an Outperform recommendation. The average one-year price target for Tesla is 244.62, representing a 10.59% decrease from the latest closing price of 273.58.

Fintel reports the projected annual revenue for Tesla is 118,517MM, an increase of 26.04%. The projected annual non-GAAP EPS is 5.70. There are 4170 funds reporting positions in Tesla, with a bullish put/call ratio of 0.82.

Major shareholders like Vanguard and Geode Capital Management have increased their portfolio allocation in TSLA by significant percentages over the last quarter. Capital World Investors, however, decreased its ownership by 3.52%.

Tesla’s mission is to accelerate the world’s transition to sustainable energy. They offer high-performance electric vehicles, energy products, and are leading the way in sustainable energy solutions. Learn more about Fintel’s comprehensive investing research platform for improved profits.

Read more at Nasdaq: RBC Capital Reiterates Tesla (TSLA) Outperform Recommendation