Benchmark Reiterates Buy Rating on Tesla (TSLA)

Benchmark analyst Mickey Legg reiterated a Buy rating and $475.00 price target on Tesla (NASDAQ: TSLA).

The analyst commented, "We forecast revenues of approximately $22.7 billion, representing a sequential increase of 17% from $19.3 billion in the first quarter and slightly above consensus of $22.3 billion. Our EPS estimate is $0.33, modestly below the consensus forecast of $0.40 and reflecting near-term margin pressures from tariff headwinds, pricing challenges, and elevated warranty expenses. Maintain Buy & $475 Price Target."

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Shares of Tesla closed at $332.11 yesterday.

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