logo
welcome
TheStreet

TheStreet

Analysts rewire Tesla price target on demand trends

TheStreet
Summary
Nutrition label

84% Informative

The summer of '24 has seen steady developments related to autonomous vehicles in the U.S. Google-backed (GOOGL) Waymo continues to be the leader, S&P Global Mobility said.

General Motors' Cruise AV division is proving to be a setback and, arguably, a situation where lessons learned may leave the company in a better position.

Tesla is scheduled to debut its robotaxi on Oct. 10 .

Deutsche Bank analyst Ed Yu resumed coverage of Tesla on Sept. 9 with a buy rating and a $ 295 price target.

Yu said he views this as temporary ahead of new models and refreshes coming in the pipeline.

Tesla structurally already has a big lead in battery electric vehicles, or BEVs, especially as it relates to scale/cost.

VR Score

83

Informative language

81

Neutral language

58

Article tone

formal

Language

English

Language complexity

61

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links