Tesla's stock experienced fluctuations on Tuesday, initially rising due to expectations of benefits from Trump's new administration and a positive note from Piper Sandler. However, it ended the day down 0.6%. Trump's executive order to end the "EV mandate" impacted the broader EV market, causing declines in other EV stocks like Rivian, Nikola, and Lucid. Piper Sandler analysts remain bullish on Tesla, raising their stock price target and highlighting Tesla's potential in real-world AI. They predict Tesla will deliver 1.96 million units in 2025 but note uncertainties in vehicle deliveries and margins. Long-term, Tesla's focus may shift towards full self-driving software and innovative products like the Optimus humanoid robot. Tesla's stock has gained 95% in the past year, compared to a 25% gain in the S&P 500.
$Tesla(TSLA.US)
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