UBS Raises Tesla, Inc. (TSLA)’s Price Target to $215, Maintains Sell Rating
Tesla, Inc. (NASDAQ:TSLA) is among the 13 Best Big Name Stocks to Buy Now. On June 23, analysts at UBS lifted the stock’s price target to $215 from $190 after the company deployed a small group of robotaxis in Austin.
The launch has increased investor focus on the EV maker’s potential to gain from the autonomous ride-hailing market. UBS analysts project Tesla, Inc. (NASDAQ:TSLA) could have a fleet of 2.3 million robotaxis by 2040, generating $200 billion in revenue, if it navigates the regulatory and technological challenges.
Invest in Gold
However, analysts at UBS…
