Tesla Stock Soars on Upgrades and AI Outlooks
Tesla stock surged after Baird and Goldman Sachs raised their price targets, with Baird's analyst highlighting a potential 'physical AI inflection' that could transform Tesla into more than just a car manufacturer, leading to a 71% increase in forecasted stock price. Despite the rally and positive news, the stock remains above the average analyst target, with some caution about its sustainability and competition, and a consensus rating of Hold.