Reported 9 months 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