Tesla Stock Is Slipping After Upgrade Adds $208 to Analyst’s Target Price - Barron's
1. Tesla stock fell 0.6% in premarket trading at $261.82. 2. Analyst Itay Michaeli upgraded TSLA to Buy with a target of $388. 3. Catalysts include new lower-priced EV and robotaxi business by year-end. 4. TSLA has dropped 46% since hitting a high of $488.54 in December. 5. Investor concerns include Musk's political activities affecting sales.