Tesla stock was upgraded to 'Overweight' by Cantor Fitzgerald amid its sharp decline.Analyst Andres Sheppard cites Tesla's future projects like its Robotaxi and autonomous vehicles as growth drivers.Sheppard maintains a $425 price target,

Tesla shares have lost more than half their value in a span of just three months, and Cantor Fitzgerald now believes there’s 80% upside.

TSLA stock has declined significantly from its recent peak, but that peak was mostly due to a wave of hype after Donald Trump was elected. Elon Musk’s involvement was seen as a bullish thing not only for Tesla, but for the broader economy and many Tesla investors thought this could bring about a boom for the company as Musk gains sway in D.C.

Tesla's stock faces challenges from Musk's politics and rising EV competition. Click for my view of TSLA stock amidst the political controversies of its CEO.

Tesla Inc.’s sales started slowing even before Chief Executive Officer Elon Musk really threw his weight around in US politics. Now that he’s playing a starring role in the Trump administration and has taken his electioneering global,