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.