Musk’s Focus, Political Step-Back Lift Tesla Stock Despite China Sales Slump - Barron's
1. TSLA stock rose 1.1% despite weak sales data from China. 2. Musk confirms he will remain CEO for five more years. 3. Tesla sold 11,150 vehicles in China, 24% lower than last year. 4. TSLA shares are currently trading at 172 times estimated 2025 earnings. 5. Analyst predicts $410 price target driven by AI and robotics investments.