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Tesla shares set for weekly gain on $500 target

Yorkville Ives analyst Dan Ives initiated TSLA coverage with a $500 price target, citing AI and robotics growth; UBS described the stock’s risk/reward as “tactically favorable.”

TSLA

Shares of Tesla, Inc. (TSLA) are on course for a weekly gain after Yorkville Ives analyst Dan Ives initiated coverage with a $500 price target, citing expected growth from AI and robotics. 81, but were still set for a weekly advance.