Tesla gets price target increase on Wall Street, but it's a head-scratcher
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Tesla gets price target increase on Wall Street, but it's a head-scratcher
"If Tesla can have [an] outsized share in areas such as humanoid robotics and autonomy, then there could be upside to our price target."
"...although if competition limits profits (as is happening with the ADAS market in China) or Tesla does not execute well, then there could be downside."
"'biggest meme stock we've ever seen'"
Goldman Sachs raised Tesla's price target to $395 from $300 while Tesla trades around $420–$430. The revised target reflects potential upside if Tesla secures significant market share in humanoid robotics and autonomy. Conversely, competition or execution failures could constrain profits and produce downside, with the ADAS market in China cited as an example. Tesla's share price movements often respond more to narrative and expectations about future technologies than to traditional financial metrics. The price target increase highlights both the growth opportunity tied to robotics and autonomy and the risks tied to competitive and operational execution.
Read at TESLARATI
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