Canaccord lowered the firm’s price target on Tesla (TSLA) to $482 from $490 and keeps a Buy rating on the shares. The firm debated whetherthe company can effectively bridge the jagged near-term growth prospects of the core EV business to the long-term promise of a world filled robot cars and humanoids. They noted there was no meaningful guidance around 2026 deliveries was given on the call. But, they did note a change in tone; a positive one.
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