8 Tesla Analysts Size Up Next-Gen Vehicles, FSD, AI And More: 'Potential To Be A Transformational Technology Company, Deliver Outsized Returns'
Portfolio Pulse from Chris Katje
Tesla Inc (NASDAQ:TSLA) reported Q1 revenue and earnings that missed consensus estimates, but analysts are optimistic about its future due to AI, FSD, and new products. Analysts have mixed ratings, with price targets ranging from $85 to $220. Key highlights include potential AI and FSD advancements, new product releases before 2025, and concerns over vehicle price cuts and demand. Tesla's focus on AI and potential for transformational technology are seen as positive, despite near-term challenges.
April 24, 2024 | 4:51 pm
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Tesla's Q1 earnings miss expectations, but analysts are optimistic about its AI, FSD, and new product strategies. Price targets range from $85 to $220, reflecting varied outlooks on the company's future growth and technology leadership.
Analysts' optimism about Tesla's future, despite a Q1 earnings miss, is based on its potential in AI, FSD, and new product developments. The wide range of price targets reflects uncertainty about the pace and impact of these advancements, but the overall positive outlook suggests a likely upward trend in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100