# UBS upgraded Tesla to Neutral from Sell, raising its target to $352.

*business · news · 2026-04-14 · Benzinga*

## Key points

- UBS upgraded Tesla to Neutral, citing improved risk-reward but still flagged near-term drags.
- Tesla built over 50,000 more cars than it sold in Q1, raising inventory concerns.
- Prediction markets give only 11% odds for a California robotaxi launch by June 30, 2025.
- Tesla logged zero autonomous test miles in California for the sixth consecutive year.
- NVIDIA is favored over Tesla to become the world's largest company by 2026 on Polymarket.

**Companies:** Tesla, NVIDIA, SpaceX, UBS, JPMorgan
**Countries:** United States

[Read the full story on Benzinga](https://www.benzinga.com/markets/prediction-markets/26/04/51805641/tesla-could-lose-60-jp-morgan-warns-but-ubs-says-buy-the-dip-heres-what-prediction-markets-say)

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