ZhiZhiYong
10-08
$Tesla Motors(TSLA)$  

Analysts are closely watching Tesla's upcoming Robotaxi event on October 10, which could significantly impact its stock price. While some, like Gary Black, emphasize that the introduction of a $25,000 vehicle is a more crucial catalyst—projecting a price target of $270—others believe the Robotaxi's potential for new revenue streams could enhance Tesla's valuation. Currently, analysts have mixed ratings on Tesla, with an average price target around $219.78, reflecting cautious optimism ahead of the event and Q3 earnings. The market response will depend on how well Tesla showcases its autonomous capabilities and overall strategy.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment