The investment bank noted Friday that Tesla's market worth is increasingly driven by its ambitious push into autonomous driving and robotics, rather than near-term earnings

The investment bank noted Friday that Tesla's market worth is increasingly driven by its ambitious push into autonomous driving and robotics, rather than near-term earnings

Tesla bear JPMorgan revised its view on Elon Musk's electric vehicle company. The stock is down about 4% this week.

The bank's new analyst shifted focus to Tesla's robotics and autonomous driving potential, away from its slowing EV business

JPMorgan upgrades Tesla from Underweight to Neutral with a $475 price target, ending eight years of bearish coverage as a new analyst shifts focus to AI and

J.P. Morgan upgraded Tesla from Underweight to Neutral with a $475 price target, citing robotics and AI potential over traditional EV sales growth.

J.P. Morgan upgraded Tesla from Underweight to Neutral, raising its price target 227.6% to $475 and projecting revenue could double to $203 billion by 2030.