$TSLA $SPCX - BARCLAYS UPGRADES TESLA TO OVERWEIGHT, SEES SPACEX MERGER UPSIDE Barclays upgraded $TSLA to Overweight, raising its price tar…
$TSLA $SPCX - BARCLAYS UPGRADES TESLA TO OVERWEIGHT, SEES SPACEX MERGER UPSIDE
Barclays upgraded $TSLA to Overweight, raising its price target to $450 from $370.
The bank sees a potential SpaceX merger as a major bullish catalyst, alongside accelerating Robotaxi adoption, stronger EV demand and AI‑driven energy growth.
Tesla's energy business is reportedly nearly sold out for 2027.
The key takeaway: Barclays sees multiple upside catalysts, with a potential SpaceX deal central to its bull case.
Source: Barclays Research