Deutsche Bank Raises Tesla Price Target To $435, Maintains Buy Rating
Deutsche Bank increased its price target on Tesla (NASDAQ: TSLA) to 345 while maintaining a Buy rating, citing stronger-than-expected third-quarter deliveries and improved investor sentiment following CEO Elon Musk’s renewed focus on key initiatives. The firm said Tesla was poised to benefit from its leadership in embodied AI, with Musk prioritizing the robotaxi and Optimus projects. Analysts forecast third-quarter deliveries of 461,500 units, above consensus of 433,000, supported by the launch o ...