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BUZZ-Street View: Tesla to accelerate in 2025 with affordable EVs and autonomous fleet

ReutersJan 30, 2025 9:44 AM

EV maker Tesla TSLA.O said it was on track to roll out new, cheaper electric vehicle models in the first half of 2025 and would start testing a paid autonomous car service in June, enthusing investors and overshadowing quarterly results that fell short of Wall Street expectations on Wednesday

TSLA shares up 2.7% at $399.7 premarket- LSEG data

KEEPING FEET ON THE GROUND

Morgan Stanley ("overweight," PT: $430) says TSLA is evolving from an automotive 'pure play' to a highly diversified play on AI and robotic as AI technology starts to impact the physical world more

Canaccord Genuity ("buy," PT: $404) says TSLA is set to accelerate its journey in 2025 with a fleet of unsupervised vehicles on the roads in Austin, Texas in June

TD Cowen ("hold," PT: $180) sees production risks that could pressure margins and affect stock sentiment

Barclays ("equal-weight," PT: $325) sees risks in combining different aspects of TSLA's Full Self-Driving (FSD) and Robotaxi plans, as some elements are much more crucial to building a strong positive outlook for the company

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