From Financial Modeling Prep: 2025-01-06 19:17:00

New Street Research analysts upgraded Tesla (NASDAQ:TSLA) from Neutral to Buy, setting a price target of $460. The upgrade reflects confidence in Tesla’s growth potential through lower-cost models and stabilized gross margins.

Tesla’s progress in Full Self-Driving (FSD) technology could lead to partially unsupervised capabilities and pilot robotaxi fleets. Dominance in the robotaxi market could boost Tesla’s market cap to $4.7 trillion by 2030, although short-term uncertainties may cause volatility.

Despite short-term uncertainties, long-term investors could find opportunities in Tesla’s strategic goals. Fluctuating demand and new model releases may create volatility, but could also present chances for investors to build positions for the future.



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