BNP Paribas Exane initiates Tesla coverage with “Underperform” rating

Teslarati
By Simon AlvarezOct 16, 2025, 10:09 am160 pts
Tesla (NASDAQ: TSLA) has received a bearish call from BNP Paribas Exane, which initiated coverage on the stock with an Underperform rating and a $307 price target, about 30% below current levels. The firm’s analysts argued that Tesla’s valuation is driven heavily by artificial intelligence ventures such…

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