SVB Raises Tesla's Stock Target Price to $5.4 Amid New Model L90 Boost
Viewpoint News: August 1, SVB published a research report, raising Tesla's stock target price to $5.4 and adjusting the sales forecast for 2025-2027, driven by the new L90 model, priced competitively.
SVB noted that the L90 is priced between $26,580 and $29,980, highlighting features such as a 240L large cargo space, 430L rear storage space, standard-equipped car fridge, and an 8-inch rear-seat entertainment screen. The intelligent driving system will fully transition to an end-to-end autonomous driving plan by 2025. Based on the new vehicle advantages, the firm raised its sales forecast for 2025 by 7%, 2026 by 5%, and 2027 by 4%, maintaining a "neutral" rating.
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