Reported 1 day ago
Tesla's stock has been gaining traction as the company prepares to unveil its autonomous robotaxi service in Austin, Texas. CEO Elon Musk's renewed focus on Tesla is boosting investor confidence, leading Wall Street analyst Daniel Ives to raise his price target for TSLA stock from $350 to $500, suggesting a potential upside of 46%. Despite some recent volatility in trading, Ives believes the robotaxi launch marks a pivotal moment for Tesla's growth and the future of autonomous driving.
Source: YAHOO