Tesla (NASDAQ:TSLA) Earns "Buy" Rating from Royal Bank Of Canada

Market Beat
2026.01.02 21:11
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Royal Bank Of Canada has reaffirmed a "buy" rating for Tesla (NASDAQ:TSLA) with a target price of $500.00, indicating a potential upside of 14.15%. Other analysts have varied ratings, with Barclays at $350.00 (neutral) and Piper Sandler at $500.00 (overweight). Tesla's stock recently traded down to $438.02, with a market cap of $1.46 trillion. The company reported $0.50 EPS for the last quarter, exceeding estimates, and revenue increased by 11.6% year-over-year. Insider trading activity included significant sales by CFO Vaibhav Taneja and Director Kimbal Musk.