By Finance Pulse in Stock Market —

Bank of America Downgrades Tesla, Raises Target Price

Bank of America downgrades Tesla to Neutral, citing execution risks, but raises price target to $490. Tesla shares have surged 60% since April.

A sleek and modern depiction of Tesla's logo juxtaposed with a stock market chart, highlighting the
Bank of America Downgrades Tesla, Raises Target Price

Bank of America downgrades Tesla to Neutral, raises price target to $490 due to execution risks, with shares up 60% since April.

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