$Tesla (TSLA.US)$had a challenging last week as bulls turned bearish afterElon Muskfailed to soothe investor worries during the earnings call. However, a top Wall Street analyst has stood by the company's stock price target, shifting the focus to the potential value of Tesla's non-automotive divisions.
Tesla disclosed weaker-than-expected Q2 earnings and the lowest profit margins in half a decade, amid a worldwide EV price war and declining consumer demand. The company also postponed the launch of its highly anticipated robotaxi until October, or possibly later, due to last-minute design modifications.
Despite these hurdles,...
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