Banking giant sets Tesla stock price target ahead of Robotaxi launch

Tesla (NASDAQ: TSLA) is surging in pre-market hours on June 20, up 1.18% to $325.85, well above Barclays’ freshly reiterated $275 price target.The call, issued by analyst Dan Levy, reflects an “Equal Weight” rating and implies nearly 16% downside from current levels, raising eyebrows ahead of Tesla’s high-stakes robotaxi launch on June 22.Levy expects Tesla to report 375,000 deliveries for Q2, a notable miss versus the 400,000 consensus. While that might trigger concern in a different quarter, investors app ...