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.
Apr 15