As previously reported, Wedbush analyst Daniel Ives raised the firm’s price target on Tesla (TSLA) to $600 from $500 and keeps an Outperform rating on the shares to reflect view that an accelerated AI path for the company is now on the horizon and investors are underestimating the transformation underway at the company. The firm believes Tesla is taking major steps in advancing its AI Revolution path with autonomous and robotics front and center heading into 2026 that will be a game changer and define Tesla’s future.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TSLA:
- Tesla’s AI Revolution Merits New Street-High Price Target, Says Daniel Ives
- Tesla price target raised to $435 from $345 at Deutsche Bank
- Tesla’s Chinese Rival Momenta Set to Shun New York and IPO in Hong Kong
- Tesla price target raised to $600 from $500 at Wedbush
- “Robot Attack”: Tesla Stock (NASDAQ:TSLA) Slides as Employees Sues for $51 Million