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UBS upgraded Tesla to Neutral from Sell, raising its target to $352.
UBS upgraded Tesla to Neutral, citing improved risk-reward but still flagged near-term drags.
KEY POINTS
- 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
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