StockNews.AI
TSLA
Benzinga
208 days

Tesla Set For A 'Choppy' First Half Amid New EV Policies, But This Analyst Sees 20% Upside For Elon Musk's EV Company With A $500 Price Target

1. Tesla may face challenges in 2024 due to new EV policies. 2. Piper Sandler analyst raised TSLA's price target to $500, a 20.45% increase. 3. Success depends on vehicle sales and profit margins from new products. 4. Emerging technologies like AI and Optimus robots could influence future profits. 5. Tesla shares fell 0.32% in after-hours trading following the report.

5m saved
Insight
Article

FAQ

Why Neutral?

Uncertain conditions from new policies could limit TSLA's growth but not drastically.

How important is it?

Analyst's target and insights on sales impact TSLA’s market perception and valuation.

Why Short Term?

Immediate next earnings call will reveal clearer sales outlook for TSLA.

Related Companies

Related News