Part 10/12:
Tesla’s stock continues to be a battleground of conflicting signals. Despite some analysts like Goldman Sachs downgrading the stock, they simultaneously raised the target price by 34% to $248, an inconsistency that has puzzled investors. Notably, Tesla’s shares closed around $241, indicating that the market might be undervaluing the potential driven by upcoming catalysts like the Cybertruck release, new vehicle models, and expanding market share.
Industry experts like Gary Black criticize Wall Street’s poor timing and overly cautious posturing, pointing out that recent stock upgrades are often disconnected from underlying fundamentals. Historically, Tesla has outperformed despite analyst skepticism, especially during periods of product launches and volume growth.