Musk "lets go" of politics, regains control of autonomous driving and AI strategy to boost confidence, Tesla bulls reignite enthusiasm

Despite a significant decline in delivery volume and profits in the first quarter, Tesla's stock price still rose against the trend. Elon Musk has promised to devote more energy to autonomous driving and artificial intelligence projects, reducing focus on government affairs. Wedbush Securities raised its target price from $315 to $350, with analysts believing this is an opportunity for Musk to break free from political troubles. Morgan Stanley warned that market expectations may continue to be downgraded, but Tesla maintains positive free cash flow. Bank of America believes the first quarter performance was slightly better than expected and maintains a "neutral" rating