[TechWeb] May 31st news, according to foreign media reports, as Tesla's two factories in the United States have resumed normal operation one after another, analysts are also optimistic about Tesla's future performance expectations, and many analysts have raised the target price of Tesla stock.

At the close of the US stock market on Friday local time, Tesla's share price was $835, and the target price of $925 given by Mark Delaney was $90 higher than that, which means that in his view, Tesla stock still has more than 10% upside room.
Mark Delaney is not the only analyst who is bullish on Tesla's future performance. JMP Securities analyst Joseph Osha also maintained a Buy rating on Tesla stock. His $1,001 price target is the highest among the current Tesla price targets given by analysts.
Analysts raised the target price of Tesla stock mainly because the Fremont electric vehicle assembly plant and the super battery factory in Nevada have resumed normal operation after nearly two months of suspension, and the production of electric vehicles is gradually recovering. Tesla has also shortened the estimated delivery time of electric vehicles in the U.S. market many times, and Tesla's performance will gradually recover, but it will still be affected in the second quarter.
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