Tesla (TSLA) Stock in Focus as Barclays Lifts Price Target to $350, Citing Tariff Advantage

Core Viewpoint - Tesla, Inc. is highlighted as a key beneficiary of tariff changes, with Barclays raising its price target to $350 from $275, indicating a positive outlook on the stock due to its U.S. production model [1] Group 1: Earnings and Financial Performance - Barclays anticipates a Q3 earnings per share (EPS) beat driven by strong gross margins and volume [2] - Despite the anticipated EPS beat, Barclays maintains a "neutral to slightly negative" stance due to a recent rally based on a muted view of fundamentals [2] Group 2: Market Position and Strategy - Tesla is positioned as an automotive and clean energy company that utilizes advanced artificial intelligence in its autonomous driving technology and robotics initiatives [2] - The company is expected to benefit significantly from the onshoring trend and tariff relief related to U.S. production, as all vehicles sold in the U.S. are manufactured domestically [1]