Analysts at Jefferies increased Tesla's stock price target by over 30%, attributing this to expanded ventures and the favorable post-election climate boosting investor sentiment.
The Jefferies report highlights that while Tesla has significant opportunities with ventures like Megapack and Full Self-Driving, the actual returns remain unclear amidst rapid market changes.
Jefferies recommends Tesla consider a capital raise to support its ambitious projects, capitalizing on favorable market conditions following the election outcome.
Dan Ives notes that regulatory ease post-election will likely benefit Tesla significantly, enabling smoother paths for initiatives like the upcoming driverless Robotaxi platform.
Collection
[
|
...
]