Reported 30 days ago
Analysts have revised Tesla's stock price target, influenced by CEO Elon Musk's recent comments and the company's unexpected Q3 earnings. While Canaccord Genuity increased its target to $298, suggesting optimism about Tesla's technology and growth avenues, Bernstein remains cautious, maintaining a $120 target due to concerns about margin sustainability and production challenges. The contrasting views reflect ongoing debates about Tesla's future growth potential and market performance.
Source: YAHOO