tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Tesla thesis intact despite near-term ‘road bumps,’ says Benchmark

Benchmark analyst Mickey Legg notes that Tesla’s (TSLA) current market outlook remains clouded as the industry navigates tariffs, but believes the firm’s thesis remains intact following Q1 results with new products on track for this year, the launch of the Robotaxi business in June, and the continued development of Optimus robots providing long-term upside. The firm, which believes investors “should look beyond the short-term road bumps and focus on the breadth of upcoming opportunities,” reiterates a Buy rating and $350 price target on Tesla shares.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1