Tesla (TSLA) Added to Investment Bank’s Best Ideas List

Larry Ramer

Wed, Apr 9, 2025, 8:20 AM 2 min read

Investment slope Benchmark added Tesla (TSLA) to its Best Ideas List but chopped its terms people connected the shares to $350 from $475, Schwab Network reported today.

Benchmark believes that the caller diminution of the banal has been "overdone."

Why Benchmark Is Bullish connected TSLA

Benchmark, which kept a Buy standing connected TSLA, believes that the caller EV which the institution plans to merchandise aboriginal this 4th whitethorn importantly boost its deliveries.

Further, the concern slope is "cautiously optimistic" astir the upcoming motorboat of the company's robotaxis. The second inaugural is expected to footwear disconnected successful June.

Also importantly, Benchmark expects TSLA to payment from the information that it manufactures galore of its EVs successful the U.S. As a result, tariffs are apt to harm the automaker to a lesser grade than galore of its peers, the concern slope believes.

Finally, the company's Optimus robots could let it to go "a wide automation provider,” according to Benchmark.

The Recent Price Action of TSLA Stock

In the past month, the shares are down 7%, portion they person sunk 41% successful the past 3 months.

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