Tesla (TSLA) PT Raised to $444 at Truist Securities

Truist Securities analyst William Stein raised the price target on Tesla (NASDAQ: TSLA) to $444.00 (from $406.00) while maintaining a Hold rating.

The analyst commented: "Autonomous driving news flow will drive volatility in TSLA. We continue to see the majority of TSLA's value as linked to its success in bringing AI products and services to market. The most near-term of these projects is its Robotaxi service, which is enabled by its FSD technology. We believe new city announcements will be forthcoming in 2026, but timing of these will be unpredictable. Further, imperfections in FSD outcomes (see this note) and announcements from competitors will contribute to the volatility."

You May Also Be Interested In

• TD Cowen Reiterates Buy Rating on Tesla (TSLA), well-positioned to scale in US AV market
• JD.com (JD) Reiterated at Buy by Benchmark Amid Earnings Recovery
• Cantor Fitzgerald Reiterates Overweight Rating on Applied Materials (AMAT)