Canaccord Remains Bullish on Tesla (TSLA) Despite Near-Term Delivery Softness

Tesla, Inc. (NASDAQ:TSLA) is one of the AI Stocks Investors Are Watching. On December 22, Canaccord Genuity raised its price target on the stock to $551.00 from $482.00 while maintaining a “Buy” rating. Despite near-term delivery softness, the firm sees long-term upside for the stock from autonomy, energy storage, and robotaxi momentum. The firm acknowledged how delivery expectations for 4Q25 are being revised lower. However, it also noted that the reset in the US EV market will create a foundation for m ...