Tesla Inc. shares surged over 5% on Monday after Morgan Stanley analyst Adam Jonas said the electric vehicle maker had effectively “solved” autonomous driving, sparking renewed investor optimism around the company's self-driving and robotaxi ambitions.
Tesla returned to revenue growth, but saw profits plunge. The end of federal tax credits likely pushed auto sales higher, but will now become a headwind.
Tesla's (NASDAQ: TSLA) stock price target has been raised by several Wall Street analysts, driven by the company's expanding ventures in autonomous driving, robotics, and energy.
Tesla (NASDAQ:TSLA) released a mixed set of Q3 2025 results. Tesla Revenue for the quarter increased by 12% year-over-year, marking the first rise in three quarters, as customers in the U.S. hurried to purchase electric vehicles before tax benefits lapsed in September.
Elon Musk could leave Tesla as CEO if his proposed $1 trillion pay package was not approved, Chair Robyn Denholm warned in a letter to shareholders on Monday.
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