Tesla (TSLA) Gains as Grok AI Chatbot Nears Vehicle Integration

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2 days ago
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  • Elon Musk announces xAI's Grok integration in Tesla vehicles, boosting premarket shares.
  • Tesla's average analyst price target suggests a slight downside from current levels.
  • GuruFocus' GF Value predicts an 8.99% decrease from the current stock price.

Elon Musk has revealed plans to integrate xAI's cutting-edge Grok chatbot into Tesla (NASDAQ: TSLA) vehicles. This announcement has positively influenced Tesla's shares, driving them up approximately 1% during premarket trading. The Grok 4 chatbot, a strong competitor to ChatGPT and Google's Gemini, is poised to significantly enhance Tesla's vehicle AI capabilities soon.

Wall Street Analysts Forecast

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According to 43 analysts, the average one-year price target for Tesla Inc (TSLA, Financial) stands at $294.34, with estimates ranging from a high of $500.00 to a low of $19.05. This average price target indicates a modest downside of 0.52% from Tesla's current price of $295.88. Investors can view more comprehensive estimate data on the Tesla Inc (TSLA) Forecast page.

Furthermore, the consensus from 53 brokerage firms assigns Tesla Inc (TSLA, Financial) a 2.7 average brokerage recommendation, suggesting a "Hold" status. The rating ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

GuruFocus Value Estimation

GuruFocus provides an estimated GF Value for Tesla Inc (TSLA, Financial) in one year at $269.28, indicating a potential downside of 8.99% from its current price of $295.88. The GF Value represents GuruFocus' estimation of the stock's fair trading value, based on historical trading multiples and projections of the business's future performance. For further detailed analysis, visit the Tesla Inc (TSLA) Summary page.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.