Tesla's Stock Rebounds as UBS Lifts Rating from Sell to Neutral
Tesla's stock climbed 3.18% to $363.65 following UBS's decision to upgrade its rating from Sell to Neutral, reflecting a shift in sentiment amid volatile market conditions. Although the price target remains unchanged, the upgrade is seen as a balance of risk and reward, acknowledging Tesla's 'physical AI' ambitions in robotics and autonomous vehicles. While Tesla enthusiasts reveled in this change, skeptics questioned the move citing high valuations.
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