<div id="readability-page-1"><p>Tesla (TSLA) shares slipped on Thursday and finished at $395.23, down 2.17%, after an initial surge earlier in the day. The jump came as AI stocks gained strength following Nvidia's (NVDA) strong earnings report, along with optimism sparked by comments from top Piper Sandler analyst Alexander Potter.</p><h3>TipRanks Black Friday Sale</h3><ul><li> Claim 60% off TipRanks Premium  for the data-backed insights and research tools you need to invest with confidence.  </li><li>  Subscribe to TipRanks' Smart Investor Picks  and see our data in action through our high-performing model portfolio - <u> now also 60% off </u></li></ul> <p>Potter, a 5-star analyst, kept his Overweight rating and $500 price target on Tesla after hosting an investor meeting at the company's Fremont site. His target implies about 26% upside from current levels. Potter said the progress seen in the newest FSD version is real and could support stronger long-term revenue from autonomous driving. He also said the software now feels &#34;already better at driving than the average American,&#34; which supports his positive view.</p> <h2><strong>Analyst Highlights Tesla's Scale and AI Plans</strong></h2> <p>Potter said Tesla has a key advantage because it can send software updates to millions of cars already on the road. In his view, this allows the company to move faster than rivals as it works toward a wider robotaxi rollout. He believes this scale could help Tesla reach commercial use sooner than many expect.</p> <p>He added that much of the investor discussion centered on autonomy and future robotaxi plans. According to Potter, the gap between Tesla's goals and its real-world performance is narrowing, which he sees as encouraging.</p> <p>Potter also noted that Tesla is building more than a car business. The company is designing its own chips, expanding energy storage, and testing the Optimus robot. To him, these steps show Tesla is aiming to grow into a broader AI and automation company, rather than relying only on vehicle sales.</p> <h2><strong>Is Tesla Stock a Buy, Hold, or Sell?</strong></h2> <p>Turning to Wall Street, analysts have a Hold consensus rating on TSLA stock based on 14 Buys, 10 Holds, and 10 Sells assigned in the past three months, as indicated by the graphic below. After an 16.5% rally in its share price over the past year, the average TSLA price target of $384.14 per share implies 2.81% downside risk.</p></div>

TSLA

TSDD

TSLL

TSLQ

09366

07766

07366

TSLR

<p>Top analyst Alexander Potter reaffirms a $500 price target for Tesla, citing breakthroughs in its FSD technology and potential for long-term revenue growth. He highlights Tesla's advantage in software updates and its broader AI ambitions. Despite a Hold consensus from Wall Street, Potter sees Tesla's scale and autonomy plans as encouraging, with a 26% upside potential from current levels.</p>

- Tesla (TSLA) shares fell 2.17% to $395.23 after an initial surge, influenced by Nvidia's strong earnings and analyst Alexander Potter's optimistic comments.  
- Potter maintained an Overweight rating with a $500 price target, citing advancements in Tesla's Full Self-Driving (FSD) software and the company's ability to update millions of cars, which could accelerate its robotaxi rollout.  
- Despite a Hold consensus rating from analysts, the average price target suggests a slight downside risk, indicating mixed sentiment among investors.  

Tip Ranks

Tesla

GraniteShares 2x Short TSLA Daily ETF

Direxion Daily TSLA Bull 2X Shares

AXS TSLA Bear Daily ETF

XI2CSOPTSLA-U

XL2CSOPTSLA

XI2CSOPTSLA

GraniteShares 2x Long TSLA Daily ETF

Top Analyst Calls Tesla's FSD a 'Breakthrough' and Reaffirms $500 Price Target. Here's Why