UBS Sticks With Sell on Tesla (TSLA) as AI Optimism Runs Ahead of Fundamentals
Tesla, Inc. (NASDAQ:TSLA) is one of the AI Stocks on the Market's Radar. On January 5, UBS analyst Joseph Spak reiterated a Sell rating on the stock with a $247.00 price target. While the firm is bullish on Tesla’s technological progress, it believes that AI upside is more than priced in. According to Spak, Tesla’s stock continues to rise despite declining electric vehicle sales and negative earnings revisions, with the bull case remaining about robo taxis and Optimus. Consensus EPS estimates for 2025 and ...