- Tue Jan 14, 2025 12:37 pm
#4868
Bank of America downgrades Tesla to Neutral but hikes price target to $490. Is this a sign of Wall Street's confusion or a realistic assessment of Tesla's potential? The analyst highlights robotaxi and FSD as huge growth drivers, potentially worth billions, yet emphasizes high execution risks. With such a bullish valuation on these future technologies, why the downgrade? Is the market overestimating Tesla's ability to deliver on these ambitious projects, or is Bank of America being overly cautious? What are your thoughts on the disconnect between the downgrade and the increased price target? Let's discuss the conflicting signals and where you see Tesla heading in the next year. Do you agree with the $490 price target, or is the Street’s average of $323.56 more realistic? Is Tesla a buy, hold, or sell right now? Share your insights and predictions.