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MarketBeat
MarketBeat
Sam Quirke

Tesla’s Robotaxi Hype Fuels Bullish Price Targets to $500

Considering how much pain investors of Tesla Inc (NASDAQ: TSLA) had to endure during the first quarter of the year, there are perhaps not many on Wall Street who thought they'd manage to gain the better part of 50% in less than three months.

However, that's exactly what they've done, largely thanks to CEO Elon Musk's stepping back from White House duties, increased hype around their Robotaxi launch, and a sense that the worst-case scenario has already been priced into the stock. 

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