Tesla's Rollercoaster Ride: Analyst Advocates 'Buy and Hold' Amid Market Uncertainty
Piper Sandler analyst Alexander Potter remains bullish on Tesla, setting a $500 price target despite a potentially volatile market in early 2025. His projections include 1.96 million deliveries in 2025, featuring the highly anticipated Cybertruck, and a pivot towards FSD software as a long-term strategy. With a forecasted 17% gross margin in Q4 2024 and a broader consensus of caution, this is one electric vehicle stock to watch.
Jan 26