Group 1 - Tesla is focused on future growth opportunities, with CEO Elon Musk discussing potential $10 trillion in robot sales during the earnings call, rather than recent vehicle sales or quarterly results [1] - Investor sentiment towards Tesla has become more positive, with analysts recognizing future growth drivers, although execution risk remains high [3] - Tesla's stock is perceived as more than just an auto company, with analysts suggesting it is viewed as an AI company, leading to varied price targets among analysts [3] Group 2 - Deepwater Asset Management noted that despite messy quarterly results, investors are optimistic about Tesla's future, indicating that the current focus is on potential growth rather than past performance [2] - The mean price target for Tesla shares is around $374, which is below the recent closing price, reflecting a cautious outlook from Wall Street analysts [2] - Over the past 12 months, Tesla's stock has more than doubled, recently trading just below $400, indicating strong market performance despite mixed analyst ratings [3]
Is Tesla Stock 'Bulletproof' Now? Here's Why Some Investors Think So