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Wall Street Analysts Bullish on Tesla’s Long-Term Growth Despite Short-Term Headwinds
Wall Street Analysts Bullish on Tesla’s Long-Term Growth Despite Short-Term Headwinds
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BTCCSquare news:
Tesla (TSLA) shares have declined 25% year-to-date amid demand concerns and CEO Elon Musk's political controversies, yet Wall Street remains overwhelmingly bullish on its long-term potential. Ark Invest's $2,600 price target for 2029 implies a staggering 758% upside, while Wedbush sees a $2 trillion valuation within 12 months.
The most aggressive projections come from Musk himself, who envisions Tesla becoming a $30 trillion company through autonomous driving and robotics. These forecasts highlight the extreme divergence in market sentiment—where critics see an overvalued automaker, proponents see a paradigm-shifting tech disruptor.
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