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131 days

Tesla’s troubles are overblown, analyst says. This is why the stock could rebound. - MarketWatch

1. TSLA faces declining sales and competition, particularly in China. 2. Analyst Mickey Legg suggests recent stock pullback is overblown. 3. Benchmark maintained a buy rating but lowered price target to $350. 4. New TSLA model launch in 2Q25 could boost sales significantly. 5. Optimus robotics could transform Tesla into an automation leader.

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FAQ

Why Bullish?

Despite short-term challenges, analyst optimism about upcoming products can drive TSLA's recovery.

How important is it?

Concerns about sales are countered by analyst optimism regarding new products, indicating a potential local rebound.

Why Short Term?

Upcoming model launch and robotaxi rollout are expected soon, potentially reversing declines.

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