Citi upgrades Tesla's price target from $182 to $274 despite a recent drop due to the Robotaxi unveiling delay, relying on strong near-term prospects in EV and AI sectors.
Tesla's stock surge is attributed to an earnings beat, energy division performance, and future potential in EV and AI; Citi highlights the importance of new automotive and AI developments for further growth.
Tesla's future growth hinges on significant advancements in automotive and AI, with Citi emphasizing the necessity of new products and AI catalysts beyond core EV fundamentals for sustained stock upside.
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