Analyst Updates Tesla Stock Target Amidst Autonomous Driving Developments

Reported 3 months ago

An analyst has adjusted Tesla's stock price target following CEO Elon Musk's remarks on the company's push towards full self-driving technology. Musk emphasized that those who don't believe in Tesla's autonomy vision should sell their shares, while those who do should invest. Although Tesla reported disappointing earnings, analysts see potential in the autonomous driving sector, expecting it to drive demand significantly in the future. Despite some skepticism about Tesla's promises, the company maintains a strong outlook influenced by advancements in its Full Self-Driving system.

Source: YAHOO

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