By Marco Piccolo Key highlights: Benchmark upgrades Tesla’s price target to $475, citing the successful robotaxi rollout in Austin and reaffirming its “Top Pick” status. Analyst Michael Legg emphasizes Tesla’s scalable approach to autonomous driving and substantial cash reserves for growth. CoinCodex’s algorithm forecasts TSLA could surpass all-time highs by October, peaking around $584. Trade […]
Tag: TSLA
By Ted Late For those who believe in Tesla’s long-term potential, now could be a good time to buy Tesla stock as it is currently trading nearly 73% below its all-time high, which could represent a good opportunity to buy the stock at a discounted price. In addition to trading far below its peak value, […]
By Ted Late After reaching an all-time high above 6,144 points in mid-February, the S&P 500 Index retraced all the way to sub-5,000 levels. At the time of writing, the index stands at 5,855 points, which is basically breakeven for the year. A major reason for the slowdown is macroeconomic uncertainty surrounding tariffs and the war in Ukraine. […]