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Canaccord reaffirms Tesla’s price target of $404 after Giga Texas visit

Summary by TESLARATI
Canaccord Genuity reaffirmed its price target of $404 for Tesla after a visit to Gigafactory Texas. The investment firm sees an optimistic future for Tesla in the long term despite near-term headwinds. Canaccord analysts reiterated its “Buy” rating for TSLA stock and revised Tesla’s Q1 2025 delivery estimates from ~331,000 vehicles to ~362,000 units. The firm’s first-quarter delivery estimates for Tesla reveal its optimistic take on the company’…
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ELECTRIC VEHICLESELECTRIC VEHICLES

Tesla Reaffirms June Launch of Autonomous Rides at Texas DOT Event

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TESLARATITESLARATI

Canaccord reaffirms Tesla’s price target of $404 after Giga Texas visit

Canaccord Genuity reaffirmed its price target of $404 for Tesla after a visit to Gigafactory Texas. The investment firm sees an optimistic future for Tesla in the long term despite near-term headwinds. Canaccord analysts reiterated its “Buy” rating for TSLA stock and revised Tesla’s Q1 2025 delivery estimates from ~331,000 vehicles to ~362,000 units. The firm’s first-quarter delivery estimates for Tesla reveal its optimistic take on the company’…

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TESLARATI broke the news in on Tuesday, March 25, 2025.
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