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MarketBeat
MarketBeat
Business
Sam Quirke

An Analyst Just Raised Tesla's Price Target by 227%—Here's Why

Shares of Tesla Inc (NASDAQ: TSLA) are down roughly 10% from last month's high and caught between two increasingly vocal camps.

The bulls see a company on the verge of a transformational rerating as its ambitions in autonomous driving, robotics, and energy move from theory to reality. The bears, on the other hand, see a stock that remains eye-wateringly expensive relative to its actual earnings.

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