.September 10, 2024 at 1:50 PM

Deutsche Bank analysts have given Tesla (NASDAQ:TSLA) a Buy rating and a price target of $295, viewing the company as a transformative technology platform set to disrupt multiple industries. Despite short-term challenges in deliveries and margins, the analysts believe new models and refreshes will drive growth. Tesla’s leadership in battery electric vehicles, global brand value, and potential in autonomous driving and humanoid robotics make it a frontrunner in future technologies. The energy storage division is also expected to see substantial growth, with sales projected to exceed $13 billion by 2025.