Stifel Sees Fuel-Driven Demand Upside for Tesla as Margins Strengthen
Stifel reaffirmed its Buy rating on Tesla and assigned a $508 price target, pointing to higher-than-expected fourth-quarter gross profit and expanding margin performance. The firm highlighted progress in Full Self-Driving and Robotaxi programs, a near-1.1 million paid FSD user base, substantial planned capital expenditure in 2026, and macro scenari…