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JPMorgan on Tesla (TSLA): 'Strong 2Q Deliveries Beat Coincides with FSD Progress That Should Drive Positive Feedback Loops'
July 6, 2026 6:50 AM EDTJPMorgan analyst Rajat Gupta reiterated a Neutral rating and $475.00 price target on Tesla (NASDAQ: TSLA).
The analyst comments "Quick take: We believe the acceleration in legacy auto sales coinciding with developments in TSLAs robotaxi should drive positive feedback loops for both segments (discussed in our recent deep-dive). In addition, ongoing build of Cybercab production vehicles and increased testing as well as production line commencement of... More
