Freedom Capital Raises Tesla (TSLA) Price Target to $338 After Record Q3 Deliveries

Core Insights - Tesla, Inc. has been identified as a trending AI stock, with a significant price target increase from Freedom Capital Markets to $338.00 from $217.00, while maintaining a Sell rating [1] - The company achieved its largest delivery quarter ever, delivering 497,099 vehicles in Q3, surpassing Wall Street's estimate of 443,079 [1][2] - The surge in deliveries was partly driven by buyers capitalizing on the expiring $7,500 federal EV tax credit, with Q3 2025 delivery figures exceeding both market consensus and internal projections [2][3] - Despite the positive delivery results, Freedom Capital Markets cautions that deliveries may decline once the tax credit benefit diminishes [3] Company Overview - Tesla, Inc. operates in the automotive and clean energy sectors, utilizing advanced artificial intelligence in its autonomous driving technology and robotics initiatives [3] - The company is recognized for its potential as an investment, although some analysts suggest that other AI stocks may present greater upside potential with less downside risk [4]