Reported 3 days ago
JPMorgan has increased its price target for Tesla stock to $130, yet still anticipates a significant drop of 48% from current levels. The bank's analyst highlights concerns that Tesla may not achieve growth in full-year vehicle deliveries for the first time in its history, as the company faces challenges in meeting expected delivery numbers. While some analysts view Tesla primarily as a technology company with high growth potential, others remain skeptical, leading to a stark contrast in price targets among market experts.
Source: YAHOO