Is Tesla Stock ‘Bulletproof’ Now? Here’s Why Some Investors Think So
Technology companies sell their future, and few people are more firm than Tesla.
On Wednesday night Income conferenceFor example, discussing the latest vehicle number or the company’s fourth quarter results are relatively small. More things introduce CEO Elon Musk’s ideas about $ 10 trillion in possible robotics, and his ideas on the growth of a large number of market value and other matters. Some observers say investors are developing in the same direction.
Tesla (Tesla (TSLA) Deepwater Asset Management Management Partner Gene Munster wrote on X last night that the stock “seems to be bulletproof”. He believes that the company’s latest quarterly performance is “messy”, because of its profitability of car sales, but “investors don’t care, because all this is related to everything that is coming.”
In a broad sense, Wall Street analysts are more cautious. According to the visible data of Alpha, the average price of the stock is about $ 374, which is lower than the closing price of Wednesday; because many analysts have “buy” rating of the stock as “buy”, because the latter two are merged, they hold it, hold it, hold it, hold it, hold it, hold it, hold it, hold it, hold it, hold it, hold it, hold it, hold it, hold it, hold it, hold it, hold it, hold it, hold it, hold it, hold it, and hold it. Neutral or negative rating.
Bank of America analysts wrote: “Investors’ emotions are more positive, and the catalysts of the future growth driving force have been more comprehensive recognition. Their rating is neutral (but also the target of $ 490).” Our latest estimate Value analysis shows that there is still some room for rise, but the risk of execution is high. “
UBS analysts wrote in a bill issued today that Tesla’s stock “continues to trouble us”. “Tesla is not just a car company. We can almost clearly say that the market will not treat Tesla like a car company, but a AI company.” (They raised the price goal today, but far lower than the recent one recent The price, its rating is “selling”)))))))
The stock has recently risen by more than 2 %, lower than $ 400. In the past 12 months, it turned over.