Tesla Inc Steady Near $376, Analysts Target $420 Upside on AI Momentum

Tesla Inc shares trade near $376, down 16% YTD, as analysts maintain a $420 price target amid AI and robotics optimism despite post-earnings volatility. Q1 results on April 22 showed $22.39B revenue (slight miss vs. $22.6B est.), $0.41 EPS beat, 358K deliveries miss, but 1.28M FSD subscribers (+51% YoY) and 21.1% gross margins impressed. Capex hiked to $25B for autonomy initiatives, triggering a 3-4% initial drop and negative FCF outlook, yet coverage through April 28 highlights Robotaxi progress and upgrades, steadying sentiment.