Tesla is currently making positive headlines again: Deutsche Bank recently issued an extremely optimistic report card for the e-car pioneer. Analyst Edison Yu, who succeeds Emmanuel Rosner at Deutsche Bank, has Tesla with a price target of 295 dollars. This represents an upside potential of almost 30 percent compared to the current price of 228.13 dollars.
Optimistic valuation despite challenges Despite the recent challenges that Tesla to overcome - including falling sales figures and weak margins - Yu is extremely confident. He emphasizes that Tesla is far more than just a car manufacturer. The Group is seen as a comprehensive technology platform that deserves special evaluation. This includes potential future business areas such as robotaxis and the robotics division.
Tesla's current situation: In the past Tesla often had to put up with negative reporting, which also had an impact on the share price. Although the share price has recovered somewhat, it is still far below its best levels. Investors are concerned about possible long-term negative trends and the sometimes erratic behavior of CEO Elon Musk, which is also perceived as a burden.
Positive impetus from Deutsche Bank: Deutsche Bank's positive assessments offer Tesla a welcome change. On Wednesday, the Tesla-share rose by 0.9 percent to 228.13 dollars. Analyst Edison Yu sees great potential in Tesla and expects that future developments, in particular the presentation of Robotaxis in October, could further boost the share price.
Outlook for the Robotaxi presentation: The upcoming Robotaxis presentation, scheduled for October, could have a decisive impact on the further share price development. Should Tesla and other innovations are convincing, this could both boost investor confidence and cause the share price to rise further.
Conclusion: With the new price target and Deutsche Bank's optimistic valuation, the signs are good for Tesla better than recently. It remains to be seen how the developments surrounding robotaxis and other future projects will affect the share price.
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