Reported about 22 hours ago
Tesla shares have surged in recent months as analysts brace for a significant robotaxi unveiling event. CEO Elon Musk emphasizes the importance of this launch following earlier declines in the stock value due to profit concerns. Analysts are optimistic, with RBC Capital Markets increasing their price target for Tesla to $236, driven by the potential robotaxi market projected to generate $1.7 trillion by 2040. Despite this, some analysts caution that achieving full autonomy remains a distant goal.
Source: YAHOO